Background:
The CBIC vide Notification No. 13/2020 dated March 21, 2020 (as amended vide Notification No. 61/2020 dated July 30, 2020) notified the class of registered person required to issue e-invoice. Relevant extract is reproduced below:
“… the registered person, other than a Special Economic Zone unit and those referred to in sub-rules (2), (3), (4) and (4A) of rule 54 of the said rules, whose aggregate turnover in a financial year exceeds five hundred crore rupees, as a class of registered person who shall prepare invoice and other prescribed documents, in terms of sub-rule (4) of rule 48 of the said rules in respect of supply of goods or services or both to a registered person”
Notification:
The CBIC vide Notification No. 70/2020 dated September 30, 2020 further amended Notification No. 13/2020 dated March 21, 2020 to read as:
“… the registered person, other than a Special Economic Zone unit and those referred to in sub-rules (2), (3), (4) and (4A) of rule 54 of the said rules, whose aggregate turnover in any preceding financial year from 2017-18 onwards exceeds five hundred crore rupees, as a class of registered person who shall prepare invoice and other prescribed documents, in terms of sub-rule (4) of rule 48 of the said rules in respect of supply of goods or services or both to a registered person or for exports”
The Notification can be accessed at: http://www.a2ztaxcorp.com/wp-content/uploads/2020/09/No.-70-2020-–-Central-Tax.pdf