E-Invoicing
Applicability
• A registered person (except
specified class of persons),
• whose aggregate turnover in any
PFY from 2017-18 onwards
exceeds Rs. 10 crore,
• shall prepare E-invoice
• in respect of B2B supplies and for
Exports.
Questions
Question E-Invoice ?
B2C Supplies
ISD
Supplies covered by RCM
Import of
Goods/Services
Voluntary Preparation of
E-Invoicing ?
Exemption from
E-Invoicing
Sr. No. Exemption
1 Special Economic Zone units
2 Insurer or banking company or financial institution
including NBFC
3 GTA supplying services in relation to transportation of
goods by road in a goods carriage
4 Supplier of passenger transportation service
5 Person supplying services by way of admission to
exhibition of cinematograph films in multiplex screens
6 Government Department and a local authority
Whether SEZ developers
are exempt from issuing
E-invoices ?
• The above taxpayers exempted from
the mandatory requirement of e-
invoicing are required to provide a
declaration as below:-
• “I/We hereby declare that though
our aggregate turnover in any
preceding financial year from 2017-
18 onwards is more than the
aggregate turnover notified under
Rule 48(4), we are not required to
prepare an invoice in terms of the
provisions of the said subrule.”
How E-invoice is
generated?
Steps
1 The taxpayer first prepares and generates his invoice using his
own ERP/accounting/billing system or manual system .The
invoice must conform to the E-invoice schema (standard
notified format)
2 The details of this invoice are uploaded/reported by the
taxpayer to the Invoice Registration Portal (IRP). This way
taxpayer registers his supply transaction on IRP.
3 On uploading, IRP returns the e-invoice with a unique ‘Invoice
Reference Number (IRN)’ after digitally signing the e-invoice
and adding a QR Code (Quick Response Code).
4 Then, the supplier shares the E-invoice with the receiver (along
with QR Code).
1. E-invoice Schema =
Form GST INV-1
• www.einvoice1.gst.gov.in
• www.einvoice2.gst.gov.in
• www.einvoice3.gst.gov.in
2. Invoice • www.einvoice4.gst.gov.in
Registration Portal • www.einvoice5.gst.gov.in
• www.einvoice6.gst.gov.in
(IRP) • www.einvoice7.gst.gov.in
• www.einvoice8.gst.gov.in
• www.einvoice9.gst.gov.in
• www.einvoice10.gst.gov.in
3. IRN = Unique 64 Character
4. Sharing E-Invoice along
with QR Code to
Recipient
How E-invoice data is
consumed by GST
System for generation
of e-way bill or
populating relevant
parts of GST Returns?
• IRP sends the e-invoice data along
with IRN to the GST System as well
as to E-Way Bill System.
• The GST system will auto-populate
them into GSTR-1 of the supplier
and GSTR-2A of respective
receivers.
• With source marked as ‘e-invoice’,
IRN and IRN date will also be
shown in GSTR-1 and GSTR-2A.
Cancellation/Amendment
of Reported invoice
• Where needed, the seller can cancel
IRN for an e-invoice already reported by
reporting it on IRP within specified
time.
• Amendment of e-invoice already
uploaded on IRP will be done only on
GST portal (while filing GSTR-1).
• Amendment of invoices is not possible
through the IRP.
Other Points
• The e-invoicing system is also
available for the E-Commerce
Operators (ECO) to report the
invoices to the Invoice Registration
portal, generated by them on
behalf of the suppliers.
• Bulk uploading of invoices to IRP is
also possible.
• CBIC has clarified that there is no
requirement to carry the physical
copy of tax invoice in cases where e-
invoice has been generated by the
supplier.
• Whenever e-invoice has been
generated, production of the Quick
Reference (QR) code having an
embedded Invoice Reference
Number (IRN) electronically, for
verification by the proper officer,
would suffice.
