Dear Taxpayers,
1. It is to inform you that it has been decided by the Government to impose a time limit on reporting old invoices on the e-invoice IRP portals for taxpayers with AATO greater than or equal to 100 crores.
Dear Taxpayers,
1. It is to inform you that it has been decided by the Government to impose a time limit on reporting old invoices on the e-invoice IRP portals for taxpayers with AATO greater than or equal to 100 crores.
An e-invoice is basically generated in the seller’s online invoicing system that can be downloaded at the buyers’ end from a software. It’s structured invoice data generated in e-invoicing software.
An e-invoice is basically generated in the seller’s online invoicing system that can be downloaded at the buyers’ end from software. It’s structured invoice data generated in e-invoicing software.
The e-invoicing system reports all B2B invoices to the government’s GSTN Invoice Registration Portal. GSTN validates the B2B invoices that are generated digitally in a structured format using e-invoicing software.
This e-invoicing system is a mandatory process that all companies need to follow from 1st January 2021 which have a turnover of over Rs.100 crores. From 31st October 2020, the companies having a turnover of over Rs. 500+ crores also mandatorily need to follow this.
All businesses have the below benefits by using the GST e-invoicing system.
It is a streamlined and highly efficient system.
Get started with Microvista’s best GST E-Invoicing and e-waybills APIs with utmost stability.
We offer a complete and comprehensive e-Invoicing solution API system that works in full compatibility with every ERP system. You can generate an e-Invoice and receive a QR code & IRN number instantly.
Our GST APIs are designed and developed to be scalable as per your business requirements. We have been successfully helping our clients to adhere to strict GST compliance with your simplest and the most reliable GST APIs for e-invoicing and e-way bills. Contact us today for easy and accurate e-invoicing API and e-way bill API in India. Talk to our best GST API experts- 70167-11841 / 97731 38204 / 079-26460445.
Our other blog on e-invoicing – E-invoicing under GST system from Microvista.
Best GST Verification API for Enterprises | Microvista Technologies
All you need to know – GSTIN Verification, GSTIN Verification API, GST Number Verification API