E-invoicing is a system in which B2B invoices (Business to Business) and a few other documents are authenticated electronically by GSTN for further use on the common GST portal.

E-invoicing is mandatory for businesses with an annual turnover exceeding Rs. 10 crores which was applied in the fifth phase from 1st October 2022. The e-invoice must include a unique code called the Invoice Reference Number (IRN) generated and signed by the IRP portal.

If businesses fail to comply with the e-invoicing regulations, they may face penalties under section 122 of the CGST Act, 2017. The penalty for issuing an invoice without uploading the details on the IRP portal is Rs. 10,000 per invoice or 100% of the tax amount, whichever is higher.

Automating e-invoices with SAP ERP can be a great way for businesses because it can help them reduce errors, save time, improve compliance, and streamline the invoicing process. SAP ERP can integrate with the IRP portal and generate e-invoices in real-time, which can be a great way to avoid such hefty penalties.

An IRN can be cancelled only within 24 hours of its generation on the IRP portal. After 24 hours, no cancellation is allowed.

- Customer’s GST number is used to verify whether the customer is registered and active on the GST portal on the invoice’s date of preparation. This is to ensure that the e-invoice is issued to a genuine and eligible recipient .

If Customer GSTN is "Active" or "Suspended"

If Customer GSTN is "Cancelled" or "In-Active" or "Not Migrated"

You will view this smart-Form when E-invoice is successfully created.

You will view this Smart-Form when the E-Invoice is successfully Cancelled within 24 hrs.

You will view this Smart-Form when Credit Memo will be created successfully.

01 Anugul

01 Bhadrak