Is E-Invoicing under GST applicable to your Business?

There is so much of fuss going around the word “e-invoice”, are you also not clear and confused as to what is this?

Not to worry! Check out this article, the concept of e-invoicing is simplified here for your understanding.

What is e-invoicing?

E-invoice does not mean generation of electronic invoice on GST Portal but reporting of electronic-Invoice.

‘E-invoicing’ or ‘electronic invoicing’ is a system in which B2B invoices are authenticated electronically by GSTN for further use on the common GST portal.

Features of E-invoicing System :

  • E-invoice will be created by Taxpayers on their own accounting/billing/ERP System
  • The e-invoice, as prepared, will be reported on Invoice Reference Portals (IRP)
  • IRP will generate unique Invoice Reference Number (IRN) which will be attached on the e-invoice and system will digitally sign the same and return to taxpayer (supplier) as well as recipient.
  • The IRP will also generate a QR code containing the unique IRN along with some important parameters of invoice like GSTIN of supplier and buyer, invoice number, date, invoice value, total tax amount and HSN code of major item.
  • QR code will enable Offline verification using Mobile App.
  • Multiple Invoice Reference Number Portals (IRP) to ensure uninterrupted availability.

Why e-invoicing?


Manual Data entry leads to

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Applicability of E-invoicing

Roll Out Plan


Advantages of E-invoicing


Thus, Generation of invoice and its reporting will become part of business process and no further reporting to GST portal or e-way bill portal.

Workflow of E-Invoice Registration System


Thus, taxpayers will continue to use their existing ERP systems to generate their invoices just as they have done before, however, with the new standard being adopted by the particular software in place, data sharing and readability now becomes easier.

Disclaimer:"The information contained herein is only for informational purpose and should not be considered for any particular instance or individual or entity. We have obtained information from publicly available sources, there can be no guarantee that such information is accurate as of the date it is received or it will continue to be accurate in future. No one should act on such information without obtaining professional advice after thorough examination of particular situation."

Prepared By

Kavya P K