Regulatory updates - India
Get the latest news and updates on e-invoicing, e-ordering, e-archiving and indirect tax regulatory requirements.
Country specifications
E-Invoicing/CTC Model:
Hard-clearance
Mandatory Infrastructure:
IRP
Mandatory Format:
JSON
Mandatory for Issuing:
– 1 January 2021 – businesses > Rs. 100 Crore (ca EUR 11.200.000)
– 1 April 2021 – businesses > Rs. 50 Crore (ca EUR 5.600.000)
– 1 April 2022 – businesses > Rs. 20 Crore (ca EUR 2.400.000)
– 1 October 2022 – businesses > Rs. 10 Crore (ca EUR 1.400.000)
– 1 August 2023 – businesses > Rs. 5 Crore (ca EUR 560.000)
Mandatory for Receiving:
No explicit requirements
eSignature:
Mandatory to IRP
Archiving Period:
72 months (i.e. 6 years)
Archiving Abroad:
Allowed under conditions