On Friday, 9 October 2020, Indian Finance Secretary Ajay Bhushan Pandey announced that issuance of e-invoices via the IRP will become available for all businesses with an annual turnover exceeding 100 crore (approx. 12 million EUR) starting 1 January 2020. He further clarified that the goal of the government is to make e-invoicing mandatory for all B2B transactions starting 1 April 2021.
The Finance Secretary also mentioned that e-invoice issuance via the IRP will replace the existing e-w…