What is E-invoicing and who are mandatorily required to upload such E-invoices.

Electronic Invoicing is the introduction of the digital invoice for goods and services provided by the business firms generated at the government portal. It is a system in which all Business-to-Business invoices or for export are electronically uploaded and authenticated by the designated portal and the assessee gets QR Code embedded with Invoice Reference Number which is mandatorily required to be printed on the tax invoice. With effect from 1.10.2020, the Central Government has made E-invoicing mandatory for every taxpayer (other than SEZ unit and those referred to in sub-rules (2), (3), (4) and (4A) of rule 54 of the said rules,) whose aggregate turnover exceeds ₹500 Crores in any of the financial year from 2017-18. Alternate Answer 6(c): Electronic Invoicing is the introduction of the digital invoice for goods and services provided by the business firms generated at the government portal. It is a system in which all Business-to-Business invoices are electronically uploaded and authenticated by the designated portal. Central Government has made E-invoicing mandatory from 01st January, 2021 for every taxpayer (other than SEZ unit) whose aggregate turnover exceeds ₹100 Crores in any of the financial year from 2017-18 onwards as per Notification No. 88 – Central Tax, dated November 10, 2020.