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Send einvoices to all your customers over email
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API, SFTP with any ERP, standard govt template, custom mapper
e-Invoicing is being implemented in India in a phased manner. It began from 1st October 2020 for taxpayers with a turnover greater than Rs.500 crore. Later, e-invoicing was made applicable for businesses with a turnover higher than Rs.100 crore and Rs.50 crore from 1st January 2021 and 1st April 2021 respectively.
The government thereafter extended the e-invoicing applicability to businesses having more than Rs 20 crore turnover w.e.f 1st April 2022. As per the latest update, it will apply to those with a turnover limit of more than Rs.10 crore from 1st October 2022.
26th December 2022
The CBIC has clarified that there is no proposal before the GST Council and no plans of the government to implement the next phase of e-invoicing for those businesses with turnover over Rs.5 crore from 1st January 2023.
11th October 2022
The GST Council may implement the next phase of e-invoicing for businesses with an annual turnover of more than Rs.5 crore from 1st January 2023. The system may get extended to businesses with a turnover of over Rs.1 crore by the end of the next fiscal year.
1st August 2022
The e-Invoicing system for B2B transactions has now been extended to those with an annual aggregate turnover of more than Rs.10 crore up to Rs.20 crore starting from 1st October 2022, vide notification no. 17/2022.
Tax collected at source (TCS) under GST is the tax collected by e-commerce operators on the net value of taxable supplies made through it by other suppliers, where the consideration for these supplies is collected by the e-commerce operator.
Section 52 of the CGST Act requires all e-commerce operators, who are not acting as an agent, to collect TCS on all sums collected by it on behalf of the supplier of goods or services. TCS at 1% is collected from the supplier on the net taxable value of the supply.
The e-invoicing system is available to e-commerce operators (ECO) to report invoices to the Invoice Registration Portal (IRP), that were generated by them on behalf of their suppliers.
The e-commerce operators shall follow the procedure listed below to integrate their ERP system with the sandbox of the IRP:
E-commerce operators shall follow the procedure mentioned below to integrate their ERP system with the production system of the IRP:
The table below illustrates the scope of access:
IRN generated/cancelled by | Access by the E-commerce operator | Access by Supplier |
E-commerce operator | Yes | Yes |
Supplier | No | Yes |