Topics In Demand
Notification
New

No notification found.

GSTN issues clarifications on e-invoicing under GST
GSTN issues clarifications on e-invoicing under GST

April 16, 2020

1308

0

In January 2020, the GST Network has come up with Frequently Asked Questions (FAQs) on e-invoicing under the GST system, reaffirming the government’s intent to implement ‘e-invoicing’ under the GST.

Here are some key aspects of the clarifications:

1. Foreign service provider can integrate with Invoice Registration Portal (IRP) from India only.

2. On uploading of the relevant details on IRP, it will validate the existence of GST Identification Number (GSTIN) of supplier and buyer along with duplication check of invoice. If non-existent GSTIN and/or a duplicate invoice are found, the invoice will be returned with relevant error codes, without registering it.

3. Post validation on IRP, a signed Invoice Reference Number (IRN) will be provided to the supplier. IRP will also return a QR code, with digital signatures of IRP. In case an invoice is required to be printed by the supplier, the same shall also contain IRN and QR code.

4. IRN shall be generated only through IRP based on GSTIN of supplier, invoice number of supplier and financial year.

5. IRN shall also be required on debit notes, credit notes, export invoices as well as invoices and credit notes of an Input Service Distributor.

6. IRN is not required to be obtained for delivery challan and bill of supply. Further, in case of imports, IRN is not required for bill of entry generated by the Customs Authorities.

7. Invoice in PDF format shall not be generated on IRP.

8. IRP shall not send emails to the buyer.

9. Option to upload details of e-invoices on IRP in bulk shall be available. However, IRP shall accept one invoice at a time. Line items supported in an e-invoice have been increased from 250 to 10,000 per e-invoice.

10. Amendment is not permitted for an invoice whose IRN has been generated. If a business wants to cancel an already reported invoice, the same may be done by uploading IRN or by uploading the following details:

  • GSTIN;
  • Type of document;
  • Document number and date;

Once an invoice is cancelled, the same invoice number cannot be used again to generate another invoice.

11. Amendments to be made in the GST law for bringing consistency in the contents of an e-invoice template (i.e., Form GST INV-01) with the details mandatory in a tax invoice.

To understand how Avalara can help you with GST compliance, visit www.avalara.com


That the contents of third-party articles/blogs published here on the website, and the interpretation of all information in the article/blogs such as data, maps, numbers, opinions etc. displayed in the article/blogs and views or the opinions expressed within the content are solely of the author's; and do not reflect the opinions and beliefs of NASSCOM or its affiliates in any manner. NASSCOM does not take any liability w.r.t. content in any manner and will not be liable in any manner whatsoever for any kind of liability arising out of any act, error or omission. The contents of third-party article/blogs published, are provided solely as convenience; and the presence of these articles/blogs should not, under any circumstances, be considered as an endorsement of the contents by NASSCOM in any manner; and if you chose to access these articles/blogs , you do so at your own risk.


images
Indrani Das
Marketing Manager

© Copyright nasscom. All Rights Reserved.