Businesses/Taxpayers with a turnover of more than INR 500 crores in a financial year will have to implement the e-Invoicing process from 1 October 2020 mandatorily. Under this process, businesses have to submit documents like GST invoices, debit/credit notes, reverse change invoices, export invoices, etc. to a centralized Government portal called the Invoice Registration Portal (IRP). The IRP will validate the data in these invoices and generate an Invoice Reference Number and QR code for the same. It will digitally sign the invoice and send back an e Invoice to the taxpayers electronically.
In this article, we will help you understand the categories of taxpayers and how to check e invoice applicability eligibility, exemption from e invoicing, e invoice portal, e invoice exemption list, specific category excluded from compliance to e-invoicing as notified* in gem, and much more:
The e invoicing applicability has to be implemented by every taxpayer who:
The following categories of taxpayers are explicitly exempted from this process:
It is the taxpayer’s obligation to:
However, as a facilitation measure, the Government has enabled the invoice reporting on IRP for taxpayers who have had an annual turnover more than INR 500 crores in any financial year from 2017-18. This enablement has been made based on the turnover reported in the GSTR-3B of the taxpayer. Taxpayers can view the status of enablement of a GSTIN on the e-invoice portal. To check the status:
Step 1: Vist https://einvoice1.gst.gov.in/ Step 2: Under ‘Search’, select ‘e-Invoice Status of Taxpayer’.
Step 3: Enter ‘GSTIN’ and ‘Captcha’ and click on ‘Go’.
Step 4: View details
Note: In case any registered person is required to follow the guidelines, but is not enabled on this portal, he/she will have to register on the portal. To register:
Step 1: Vist https://einvoice1.gst.gov.in/
Step 2: Under Registration, select ‘e-Invoice Enablement’.
Step 3: Add the required details and proceed.
However, in case any registered person, who doesn’t have the requirement to report invoices is enabled on this portal, the same may be brought to the notice of the Government by writing an email to firstname.lastname@example.org.