GST
E-invoicing continues after turnover falls
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Facts
Yes. The test is turnover above ₹5 crore in any preceding financial year from 2017-18, so once covered, a business stays covered even if turnover later falls.
Provisions and law
- Notification 10/2023-CTE-invoicing for aggregate turnover above ₹5 crore in any year from 2017-18, from 1 August 2023
- Rule 48(4), CGST Rules 2017Notified persons must upload invoice details to the IRP and get an IRN
Analysis
Many businesses stop generating IRNs after a weak year, which makes their invoices invalid. If any year since 2017-18 crossed the limit, keep generating IRNs. Check the portal's enablement status and your own records together.
Conclusion
- Check turnover for every year from 2017-18
- If any year crossed ₹5 crore, continue e-invoicing
- Do not switch off IRN generation in a weak year
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