Notification No. 17/2022 – CT on E-Invoicing ₹10 Cr Turnover

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Notification No. 17/2022 – Central Tax: Seeks to implement e-invoicing for the taxpayers having aggregate turnover exceeding Rs. 10 Cr from 01st October, 2022.

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]

G.S.R (E).– In exercise of the powers conferred by sub-rule (4) of rule 48 of the Central Goods and Services Tax Rules, 2017, the Government, on the recommendations of the Council, hereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 13/2020 – Central Tax, dated the 21^st March, 2020, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 196(E), dated 21^st March, 2020, namely:-

In the said notification, in the first paragraph, with effect from the 1^st day of October, 2022, for the words “twenty crore rupees”, the words “ten crore rupees” shall be substituted.

(Rajeev Ranjan)
Under Secretary

Note: The principal notification No. 13/2020 – Central Tax, dated the 21^st March, 2020 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 196(E), dated the 21^st March, 2020 and was last amended vide notification No. 01/2022-Central Tax, dated the 24^th February, 2022, published vide number G.S.R. 159(E), dated the 24^th February, 2022.

📚 Frequently Asked Questions (FAQs): Notification No. 17/2022 - Central Tax

Q1: What is Notification No. 17/2022 – Central Tax about?

Answer:
Notification No. 17/2022 – Central Tax, issued on 1st August 2022, amends the earlier Notification No. 13/2020 – Central Tax to lower the e-invoicing applicability turnover threshold from ₹20 crore to ₹10 crore, effective from 1st October 2022.

Q2: When does the revised turnover limit for e-invoicing take effect?

Answer:
The new turnover limit of ₹10 crore for mandatory e-invoicing applies from 1st October 2022.

Q3: Who will be affected by this turnover limit change?

Answer:
All registered taxpayers under GST whose aggregate turnover exceeds ₹10 crore in any financial year will now need to comply with the e-invoicing provisions under Rule 48(4) of the CGST Rules, 2017.

Q4: How does this amendment impact small and medium businesses?

Answer:
Businesses with turnover between ₹10 crore and ₹20 crore, who were previously exempt, will now be required to generate e-invoices for all B2B and export transactions, increasing compliance requirements.

Q5: What is the primary purpose of reducing the e-invoicing threshold?

Answer:
The reduction aims to widen the e-invoicing net, improve tax compliance, prevent invoice manipulation, and strengthen the GST reporting system.

Q6: Does this change apply to both goods and services?

Answer:
Yes ✅, the revised e-invoicing turnover threshold applies to all registered persons supplying goods and/or services under GST, except those exempted by specific notifications.

Q7: What penalties apply for non-compliance with the new e-invoicing rule?

Answer:
Non-compliance can lead to invoices being considered invalid for GST purposes, denial of input tax credit (ITC) to recipients, and monetary penalties under GST law.

Q8: How can businesses prepare for the 01.10.2022 change?

Answer:
Businesses should:
Assess turnover from previous years to check applicability.
Integrate e-invoicing into their billing systems.
Train staff on GST e-invoicing compliance.
For expert help, visit GST Compliance or GST Registration.

Q9: Where can I read the official notification text?

Answer:
The official notification is available in the Gazette of India dated 1st August 2022, issued by the Ministry of Finance, CBIC.

Q10: Who can help me with end-to-end GST e-invoicing compliance?

Answer:
You can connect with a GST Expert at Finodha for end-to-end e-invoicing setup, GST return filing, and compliance solutions.

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