The Central Board of Indirect Taxes and Customs vide its notification dated 8th March 2021 has reduced the applicability of GST E-invoicing threshold from Rs.100 Crores to Rs.50 Crores with effect from 1st April 2021.
At present, issuing electronic invoices is mandatory for businesses with a turnover of Rs 100 crore and more, which has been put into effect from October 1, 2020.