What is an e-Invoice?
An e-Invoice is an electronic invoice structured in a pre-defined visual representation for a B2B business invoice. All the B2B businesses with an aggregate...
Thu, 29 Sep, 2022 at 4:28 PM
How does e-Invoicing work?
There are two steps involved in the e-Invoicing process.  Step-1  Connecting the supplier (taxpayer) to the IRP (Invoice Registration Portal).  Once ...
Thu, 29 Sep, 2022 at 4:28 PM
Which businesses are applicable for e-Invoicing under GST?
Any B2B business that is registered under GST with an aggregate turnover of more than  ₹20 Cr is applicable for e-Invoicing. However, from October 1st, 2022...
Thu, 29 Sep, 2022 at 4:28 PM
Is the e-Invoice format the same for all the B2B businesses?
Yes, all the applicable businesses issue an e-Invoice within the same, defined format. For acquiring this format, the e-Invoice schema has a few mandatory a...
Thu, 29 Sep, 2022 at 4:31 PM
Can one invoice be registered for more than one e-Invoices?
No, based on the IRP verification process, the same invoice submitted by the same supplier from the same financial year will be rejected by the system.
Thu, 29 Sep, 2022 at 5:31 PM
Who is not applicable for e-Invoicing?
Currently, e-Invoicing is not applicable to the following categories of registered businesses -  An insurer or a banking company or a financial instituti...
Thu, 29 Sep, 2022 at 5:31 PM
What are the benefits of e-Invoicing?
e-Invoicing enables real-time tracking for all the invoices generated by suppliers. It aids the tax return filing process for businesses by auto-popula...
Thu, 29 Sep, 2022 at 5:32 PM
What kind of documents are to be reported into the Invoice Registration Portal?
The documents that will be covered under the e-Invoicing system are as follows- Invoices by the supplier Credit notes by the supplier Debit notes b...
Thu, 29 Sep, 2022 at 5:32 PM
Is e-Invoicing applicable to nil-rated or wholly-exempt supplies?
No, an e-Invoice does not apply to nil-rated or wholly-exempt supplies as in these cases, only a bill of supply is issued and not a tax invoice.
Thu, 29 Sep, 2022 at 5:35 PM
How to create an e-Invoice with Open?
To create an e-invoice with Open, you must create API credentials on the e-Invoice portal. Learn how to create API credentials by following these simple ste...
Thu, 29 Sep, 2022 at 5:35 PM