New Delhi’ :Companies with turnover above Rs 5 crore won’t be able to generate e-way invoice with out together with e-invoice particulars for all B2B transaction from March 1.
Below the products and providers tax regime, e-way payments are required for inter-state transportation of products valued over Rs 50,000.
The Nationwide Informatics Centre (NIC) stated on evaluation it was discovered that among the taxpayers, who’re eligible for e-invoicing, are producing e-way payments with out linking with e-invoice for B2B (enterprise to enterprise) and B2E (enterprise to exports) transactions.
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