From April 1, GST e-invoice is mandatory for businesses with ₹20 crore turnover

More and more businesses now required to issue e-invoice The Central Board of Indirect Taxes & Custom (CBIC) has lowered the threshold for mandatory issuance of e- invoice (electronic invoice) under Goods & Services Tax (GST) to ₹20 crore from the earlier prescribed limit of ₹50 crore.  It means businesses with turnover of ₹20 crore or more will have to issue e-invoice from April 1. I…