Complete Guidance Note on E-Invoice under GST

• December 17, 2019
• CA Chandan Agarwal's Office

Article explains E-Invoice under GST with Government Preparation on E-Invoice under GST, Applicability of E-Invoice under GST, Process to Generate an E-invoice under GST, Summary Of Notifications Issued on 13th  December 2019 related to E-invoice under GST, Other Points related to E-invoice under GST,  Mandatory Fields Of E-Invoice and Links to the Notifications Related to E-invoice under GST.

1. Introduction to E-Invoice under GST

• E- invoice is an invoice which has unique invoice reference number (‘IRN’) generated by Invoice Registration Portal (‘IRP’)
• E-invoice is not only part of Tax reform but also a Business reform as it make the e-invoices completely inter-operable eliminating transcription and other errors
• It must have mandatory 45 fields/ details with limited sets of characters/ digits
• ERP is required to integrate with specific tool/ technology to generate an Invoice reference number (‘IRN’) for E-invoice

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