According to Notification No. 05/2021 issued by the Tax Authority, businesses with an aggregated turnover of INR 50 crores (approx. 5,6 million EUR) or more in any of the last three fiscal years will have to adopt e-invoicing starting from 1 April 2021.

Furthermore, as of 1 April 2021, the new Circular No. 146/02/2021-GST mandates taxpayers with an aggregate turnover of more than INR 500 cr…