Authority and Scope:
Issued under sub-rule (4) of rule 48 of the CGST Rules, 2017.
Applicable to registered persons with aggregate turnover exceeding INR 100 crore annually.
Mandatory Compliance:
Registered persons in this category must prepare invoices and other prescribed documents electronically.
Excludes specific categories mentioned in rule 54(2), (3), (4), and (4A) of the said rules.
Effective Date:
Notification effective from October 1, 2020.
Supersession:
Supersedes notification No. 70/2019 - Central Tax, dated December 13, 2019.
Purpose:
Streamlines invoicing processes for large-scale taxpayers.
Enhances efficiency and compliance in the GST system.