NEW E INVOICING, Goods and Services Tax - GST

[ramdev handa]

Sir,

Kindly clear the new option of e invoicing .

give me Performa of invoicing or any detail to integration with portal

Posts / Replies

[KASTURI SETHI]

Although GST Council has approved the commencement of 'e-invoicing', yet no standard e-invoice pro forma has been finalized. There is a news that implementation may be deferred. However, go through Notification Nos. 68/2019-CT to 72/2019-CT all dated 13.12.19.

[Ganeshan Kalyani]

E-invoicing does not mean to generate new invoice. It is only a validation of invoice details from Govt Portal called IRP i.e. Invoice Registration Portal. IRP will validate the data and generate IRN i.e. Invoice Reference Number and QR Code i.e. Quick Response Code. IRN and QRCode code can be anywhere printed on the face of the tax invoice.

As stated by Sri Kasturi Sir the e-invoice may be deferred. This was to come into effect w.e.f. 01.04.2020. However, to ease taxpayer to become ready the Date may be extended. This will be discussed in the GST Council meeting proposed to be held on 14.03.2020 (this Saturday).