E-Invoicing in GST was introduced to simplify the communication between businesses. It is a process where the taxpayer uploads the invoice details on the Invoice Registration Portal (IRP) and obtains the Invoice Reference Number (IRN) from the IRP. To know more about how to cancel e invoice, read here.
In this article, you will find we’ll discuss the procedure for cancellation of invoice under GST.
E-Invoice can be cancelled on the IRP within 24 hours of generation of the IRN. This is mainly because the IRP servers do not store e-Invoices for more than 24 hours. However, if an e-Way Bill is already generated for the IRN, it cannot be cancelled. But do you know about how to cancel e invoice in tally prime or how to cancel e invoice in GST portal?
Partial cancellation of e-Invoice is not possible; hence, the whole of the invoice would have to be cancelled. Moreover, any amendments of any sort cannot be done on the IRP as there is einvoice cancellation time limit. In case any changes are necessary for the invoice details reported on the IRP, then, it can be through the GST portal while filing GSTR-1. However, these changes will be flagged to the concerned officer, who may request further information from the taxpayer. Now lets know how to cancel e way bill in e invoice portal and about GST invoice cancellation rules.
An e-Invoice may be cancelled for reasons like:
To cancel an e-Invoice on the IRP, a taxpayer has to follow these steps:
Step 1: Log in to the e-Invoice portal and select ‘e-Invoice’ ‘Cancel’.
Step 2: The below screen will be displayed. Select ‘Ack No.’ or ‘IRN’ as applicable and enter the number. Click ‘Go’ to proceed.
Step 3: The system will display the e-Invoice and ask the user to select the reason for cancellation. To cancel the e-Invoice click ‘Submit’.
The portal will display that the invoice has been successfully cancelled. The cancelled e-Invoice will be displayed with a ‘Cancelled’ watermark.