📅 The Indian e-invoicing obligation will be extended to all businesses by 1 April 2021. New roll-out schedule available.

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India – Extension of Mandatory e-Invoicing to All Businesses by 1st April 2021

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India – Extension of Mandatory e-Invoicing to All Businesses by 1st April 2021

After a bumpy ride littered with changes and updates, mandatory Indian e-invoicing for companies with turnover above 500 CR Indian Rupees (INR) kicked into effect from 1 October 2020.

The Indian e-invoicing obligation will be extended gradually according to a new timetable to all businesses by 1st April 2021.

Update to our Blog of 19th August 2020

Despite pressure from the business sector to postpone the mandate, the Indian government stuck to the deadline of 1st October 2020. However, it granted a grace period to issue invoices penalty-free without IRN, and then to obtain the IRN for such invoices within 30 days after the invoice date.

As expected, following the first few weeks of successful invoice registrations in India, the mandate will now be extended gradually to all businesses in two phases. The new schedule for B2B e-invoicing in India is:

  • 1st January 2021: companies with an annual turnover of at least 100 CR INR.
  • 1st April 2021 all taxpayers

e-Invoicing India

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Gerrit Onken

About the Author:

Gerrit Onken has been working as Product Manager at SEEBURGER AG since 2010 for software applications and services for electronic business data exchange. His focus is on solutions for SAP, electronic invoicing (E-Invoicing) and innovations for the digitalization of professional and technical business processes for internationally operating customers. Gerrit Onken is a bank merchant and a graduate in business administration with an emphasis on industrial management and business informatics. After working in the financial sector, he worked as a manager and project manager from 2004 to 2010 for one of the top five corporate consultations with international BPOs in the banking and automotive industry.