Resources
E-Invoicing In India
Menu
Tax Authority
The Central Board of Indirect Taxes and Customs (CBIC)
The GST Invoice Registration Portal (IRP)
Mandatory Status
- B2B Procurement
Mandatory - e-Filing
Mandatory
Format
JSON or PDF
QR code
Mandatory
e-Signature
Mandatory
Archiving
8 years
The Indian government introduced tax evasion. e-Invoices or electronic invoices are the digital, machine-readable versions of India’s Goods and Services Tax (GST) invoices. A GST invoice is a bill of products or services provided to a customer by a supplier or service provider. Every taxpayer can update their ERP accounting software to issue e-Invoices.
Timeline of the B2B transaction;
- October 2020 – businesses > Rs. 500 Crore (ca EUR 56.000.000)
- January 2021 – businesses > Rs. 100 Crore (ca EUR 11.200.000)
- April 2021 – businesses > Rs. 50 Crore (ca EUR 5.600.000)
- April 2022 – businesses > Rs. 20 Crore (ca EUR 2.300.000)
- January 2023 – businesses > Rs. 5 Crore (ca EUR 575.000)
A file tax return is mandatory.