Is e-invoicing applicable for invoices between two different GSTINs under the same PAN?

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Is e-invoicing applicable for invoices between two different GSTINs under the same PAN?

Yes. E-invoicing by notified persons is mandated to supply goods or services or both to a registered person.
As per Section 25(4) of CGST/SGST Act, “A person who has obtained or is required to obtain more than one registration, whether in one State or Union territory or more than one State or Union territory shall, in respect of each such registration, be treated as distinct persons for this Act.”