E-Invoice under GST (2nd Edition)

E-invoice is the self-registration of supply invoice of taxable goods or services by the notified supplier, on the e-invoicing registration portal. With the introduction of e-invoicing, the government established a reporting system where the supplier, prior to the issue of invoice for supply of taxable goods or services, register it in a standard format at the common portal in case of B2B and Export supply and obtain Invoice reference number and QR Code. The e-invoice system will help the government to keep a check on tax evasion, fake invoices, circular trading etc. in the interest of revenue and save the taxpayer from submitting supply information at multiple platforms because of its interoperability. From 1st August, 2023 e-invoice has been introduced for notified registered person having aggregate turnover exceeding `5 crores, thereby greatly widening its scope.

This book on e-invoice has been prepared, keeping in view the convenience of users and contains all relevant information for easy and quick generation of e-invoice and to understand interoperability of the e- invoice system with e-way bills and GST return system. It also helps to confront various scenarios with the consequence of defaults and available remedies.

• About E-Invoice, its Ecosystem and Common Portal.
• Chapters helping user about:
  • Incidence of e-invoice with exemptions
  • Getting ready for e-invoicing
  • Timing to issue e-invoice
  • Modes of generation
  • Invoice Registration Portal (With New IRPs)
  • Schema INV01
  • Generating e-invoice, e-Credit/e-Debit Note
  • Cancellation, amendment of e-invoice
  • Interoperability with E-Way Bill, GSTR-1 and GSTR 2A
  • Consequence of defaults, penalties and punishments
  • E-invoice in various supply scenarios
  • E-invoice toolkit (Checklist)
• User Manual of Bulk Generation & Cancellation Tool
• User Manual of GePP (GST e-invoice preparing and printing tool)
• Relevant Notifications, Circulars, Advisories issued on e-invoice
• List of GSP (GST Suvidha Providers) across India
• Handy list of Codes used such as:
  • Error Codes during validation of IRN
  • State Codes, Country Codes, Currency Codes, Quantity Codes
  • Search Link to Port Code, HSN Code, Pin Code
• Relevant Sections and Rules in GST law.