Who must register for e-invoicing?
E-invoicing has been made applicable from 1st October 2020 for all businesses whose aggregate turnover has exceeded Rs.500 crore limit in any of the preceding financial years from 2017-18 to 2019-20.
From 1st January 2021, e-invoicing was extended to businesses exceeding the Rs.100 crore turnover limit in any of the financial years from FY 2017-18.
On 8th March 2021, the CBIC notified that businesses with turnover more than Rs.50 crore must also begin compliance with e-Invoicing from 1st April 2021.
Hence, businesses who fall under the categories specified above need to register for e-invoicing. However, e-invoicing shall not be applicable to the following categories of registered persons irrespective of the turnover:
- An insurer or a banking company or a financial institution, including an NBFC
- A registered person supplying passenger transportation services
- A Goods Transport Agency (GTA)
- A registered person supplying services by way of admission to the exhibition of cinematographic films in multiplex services
- An SEZ unit (excluded via CBIC Notification No. 61/2020 – Central Tax)
Where to register for e-invoicing?All GST registered taxpayers who need to generate IRNs should register on the trial e-invoice system using his GSTIN. The taxpayers registered on the e-way bill portal can use EWB credentials for login and need not register on the e-invoice system again.
Steps for registration on the e-invoice systemStep 1: Visit the IRP portal. A. If a taxpayer is registered on the e-way bill portal: In this case, a taxpayer can use the same login credentials to login onto the e-invoice portal. B. If a taxpayer is not registered on the e-way bill portal: In this case, he/she should have a GSTIN and mobile number registered with the GST system. Once he/she enters the URL of the e-invoice system, the screen below will open. Step 2: Navigate to the ‘Registration’ tab A first-time GSTIN can register by clicking on the e-invoice registration tab, which will open the e-invoice registration form. The user needs to enter his/her GSTIN and captcha code displayed and then click ‘Go’ to submit the request. Once the request is submitted the user will be redirected to the e-invoice registration form. Step 3: The applicant’s details as per the registered GSTIN will get displayed such as applicant name, trade name, address, mobile number, email ID, etc. as registered on the GST portal. The user is required to verify these details by clicking on ‘Send OTP’. A one-time password (OTP) will be sent on the registered mobile number. The user shoukd enter this OTP in the registration form and click on the ‘Verify OTP’ button. Once the OTP has been successfully verified, the system prompts the user to enter a user name of choice (consisting of 6-15 characters) and enter a password, then re-enter the password for confirmation and click on ‘Save’. The user can now log into the e-invoice system using the created credentials. Note: 1. In case a user forgets his password, he/she should click on the ‘Login -> Forgot Password’ option, and enter the username, GSTIN and mobile number on the e-invoice system. On successful validation, he/she can reset his password. 2. In case a user forgets his username, he/she should click on the ‘Login -> Forgot User Name’ option, then enter his GSTIN and the registered mobile number. The system will validate the same and send a username to his registered mobile number through SMS.
FAQs on e-Invoice Registration on IRP
- Can a seller upload the e-invoice on a bulk basis? Yes, a seller can bulk upload the e-invoices with the help of API.
- Is a no-tax invoice required to obtain IRN? An invoice with a no-tax component (generally known as Bill of Supply) is exempted from obtaining the IRN.
- If a person is already registered on the GST portal, is he/she required to again register on the e-invoice portal? Yes, even if a person is registered on the GST portal, he needs to again register on the e-invoice portal. But, if he is registered on the e-way bill portal, he need not re-register on the e-invoice portal.
- For how long will the generated e-invoice be available on the government portal? After the validation of an invoice by the IRP, it will be available for the taxpayers on the e-invoice system for 24 hours.
- Can the IRN be generated twice for a single invoice? No, the e-invoice system will check under the Central Registry of GST system to ensure that the invoice is not uploaded twice for re-generation of IRN.
- Can IRN be cancelled? Note that an IRN once generated cannot be deleted/modified, however, it can be cancelled and freshly generated in case wrong information is uploaded on the invoice. But, such cancellation can be done within 24 hours from the time of generation of IRN.