Notifications CBIC
E-Invoice Threshold Reduced to ₹5 Crore Annual Aggregate Turnover
Notification No. 10/2023 — Central Tax
- Issued
- 2023-05-10
- Effective from
- 2023-08-01
- Act
- CGST Act 2017
What it says
New threshold: ₹5 Crore AATO
Every registered taxpayer whose aggregate turnover in any preceding financial year from 2017-18 onwards exceeds ₹5 crore is required to issue e-invoices from 01-Aug-2023.
Exempted taxpayers (continue as before)
Taxpayers with AATO ≤ ₹5 Cr are NOT required to issue e-invoices. They issue invoices in the standard paper/PDF format.
IRP (Invoice Registration Portal)
E-invoices must be uploaded to a government-designated IRP (NIC or other approved portal) to obtain an Invoice Reference Number (IRN). The e-invoice without an IRN is NOT a valid tax invoice.
Threshold history
| Notification | Threshold | Effective date |
|---|---|---|
| 13/2020-CT | ₹500 Cr AATO | 2020-10-01 |
| 61/2020-CT | ₹100 Cr AATO | 2021-01-01 |
| 05/2021-CT | ₹50 Cr AATO | 2021-04-01 |
| 01/2022-CT | ₹20 Cr AATO | 2022-04-01 |
| 17/2022-CT | ₹10 Cr AATO | 2022-10-01 |
| 10/2023-CT | ₹5 Cr AATO | 2023-08-01 |
Supersession chain
Supersedes: 17-2022-ct
Affected forms and returns
- GSTR-1 Table 4/5/6/7
- GSTR-2B
- E-way bill auto-population
Whether the ₹5 Cr threshold applies based on turnover in ANY preceding FY from 2017-18 or only the immediately preceding FY — it applies if AATO exceeds ₹5 Cr in ANY financial year from 2017-18 onwards. Once crossed, e-invoicing is mandatory permanently. Confirm with your GST practitioner.
Primary source
Notification No. 10/2023 — Central Tax — issued by CBIC under CGST Act 2017
View official notification ↗