When should I start generating e-invoices?

Hey @TeamQuicko

If an entity’s turnover crosses the threshold limit for e-invoicing eligibility in March 2021 (i.e. FY 2020-21). From when should it start generating e-invoices?

Hey @HarshitShah

In order to calculate e-invoicing eligibility, the preceding year’s turnover, beginning from FY 2017-18, must be considered. Hence, if the turnover of the business’ exceeds the prescribed limit in a financial year, it would be required to generate e-invoices from the beginning of the next financial year. For example, if the threshold turnover was exceeded in FY 2020-21, then e-invoicing will be applicable from 1st April 2021.

Hope this helps!