Ranchor Pvt. Ltd. has 10 registrations. One of the registrations is doing 90% business. Five registrations have aggregate turnover within the range of 1 lakh in a year. The company has a turnover exceeding 15 Cr from July 2017 to March 2018. Is the company liable to comply with the e-invoice requirement for all the registrations?
As per Notification 13/2020- CT (as amended), E-Invoicing is applicable to registered persons whose aggregate turnover in any preceding financial year from 2017-18 onwards exceeds ten crore rupees in respect of the supply of goods or services or both to a registered person. (w.e.f. 01 Oct 2022)
Therefore, E-invoicing is applicable for all B2B taxable supplies of all such registrations of Ranchor Pvt. Ltd.