Equipping Modern Enterprises with Powerful GST, E-Way Bill & E-Invoicing Solutions
Background In the 38th GST Council meeting, the GST Council has decided to implement the e-Invoicing from 1st Jan 2020. Currently, the e-Invoicing system will be used to report only B2B invoices to the GST System. NIC being the first Invoice Registration Portal (IRP) has also made the e-Invoice process through API mode. The GSPs … Read moreIntroduction to e-Invoicing APIs
Q1. Can a foreign service provider integrate with Invoice Registration Portal (IRP)? If yes, how to integrate it with IRP? Ans. Yes, the foreign service provider can integrate with IRP but they have to be within the shores of India. The integration process will be soon released on the gst.gov.in website. Q2. Can a person bulk upload the … Read moree-Invoicing FAQs
Despite considerable advancement in technology, paper invoices still seem to have a foothold within businesses, large and small. While former requiring physical copy of invoice because of antiquated practices waiting to be reconsidered by management, for latter, it might mean staying out of tax net.[1] Some businesses, especially the smaller ones, are okay with an image … Read moreBrief Introduction to E-Invoicing
For reporting B2B invoices to the GST System, the GST Council has proposed e-invoicing in a phased manner from January 2020. e-Invoicing standards has also been curated with the help of trade/industry bodies along with ICAI. Standard will ensure that e-invoices generated by one software can be read by another software, thus eliminating the data … Read moreProposed e-Invoicing System
