20
CHAPTER : TAX INVOICE VIS-À-VIS E-INVOICE
1
4
12
CHAPTER : RECEIPT, REFUND AND PAYMENT VOUCHER
250
CHAPTER : E-INVOICING - BACKGROUND & CONCEPT - CAPSULES
CODE 261 ANNEXURES ANNEXURE 1 : RELEVANT SECTIONS & RULES 291 ANNEXURE 2 : RELEVANT NOTIFICATIONS 309 ANNEXURE 3 : CONCEPT NOTE ON E-INVOICE MESSAGING FLOW 313 ANNEXURE 4 : FAQs ON SIGNED QR CODE 327 ANNEXURE 5 : SIGNED QR CODE IN E-INVOICING SYSTEM 329 I-5
CHAPTER 9 : BILL OF SUPPLY VIS-À-VIS E-BILL OF SUPPLY
207
8
7
CHAPTER : E-INVOICE CREATION & IT IMPLEMENTATION
222
CHAPTER : DEBIT-CREDIT NOTE VIS-À-VIS E-DEBIT-CREDIT NOTE
11
CHAPTER : QUICK RESPONSE (QR)
Chapter-heads
5
1
246
PAGE
51
DOCUMENTS 253
13
CHAPTER 6 : E-INVOICING SCHEMA/API - THE CHANGE IN IT SYSTEM
CHAPTER : ISD INVOICE AND MISCELLANEOUS
3
CHAPTER : NEED OF E-INVOICING
28
CHAPTER : TIME & MANNER OF ISSUANCE - INVOICE VIS-À-VIS E-INVOICE
85
241
2
10
CHAPTER : MECHANISM OF E-INVOICING
CHAPTER : AMENDMENT, CANCELLATION & MISCELLANEOUS TOPICS OF E-INVOICING
72
1 E-INVOICING - BACKGROUND & CONCEPT - CAPSULES 1.1 1 1.2 1 1.3 3 1.4 3 1.5 4 1.6 4 1.7 5 1.8 7 1.9 7 1.10 11 2 NEED OF E-INVOICING 2.1 20 2.2 20 2.3 25 2.4 27 I-7 Contents
3 MECHANISM OF E-INVOICING 3.1 28 3.2 30 3.3 33 3.4 34 3.5 35 4 E-INVOICE CREATION & IT IMPLEMENTATION 4.1 51 4.2 68 4.3 69 4.4 70 5 AMENDMENT, CANCELLATION & MISCELLANEOUS TOPICS OF E-INVOICING 5.1 72 5.2 72 5.3 73 5.4 75 5.5 75 5.6 78 5.7 82 6 E-INVOICING SCHEMA/APITHE CHANGE IN IT SYSTEM 6.1 85 I-8
6.2 85 6.3 86 6.4 86 6.5 86 6.6 86 6.7 87 6.8 87 6.9 87 6.10 87 6.11 87 6.12 87 6.13 88 6.14 97 6.15 102 6.16 129 7 TIME & MANNER OF ISSUANCEINVOICE VIS-A-VIS E-INVOICE 7.1 207 7.2 209 7.3 213 7.4 213 8 TAX INVOICE VIS-A-VIS E-INVOICE 8.1 222 8.2 223 8.3 227 8.4 228 I-9
8.5 230 8.6 230 8.7 231 8.8 235 8.9 236 8.10 vis-a-vis 236 8.11 238 8.12 238 8.13 240 8.14 240 9 BILL OF SUPPLY VIS-A-VIS E-BILL OF SUPPLY 9.1 241 10 DEBIT-CREDIT NOTE VIS-A-VIS E-DEBIT-CREDIT NOTE 10.1 246 10.2 vis-a-vis 248 11 RECEIPT, REFUND AND PAYMENT VOUCHER 11.1 250 11.2 251 11.3 252 I-10
12 ISD INVOICE AND MISCELLANEOUS DOCUMENTS 12.1 253 12.2 254 12.3 255 12.4 255 12.5 256 12.6 257 12.7 258 12.8 259 13 QUICK RESPONSE (QR) CODE 13.1 261 13.2 261 13.3 262 13.4 264 13.5 265 13.6 267 13.7 278 13.8 278 13.9 278 13.10 281 13.11 281 13.12 282 I-11
Annexure 3 313
ANNEXURES
Annexure 4 327
Annexure 2 309
I-12
Annexure 5 329
13.14 v. 285
13.13 284
Annexure 1 291
4.1 CREATION OF AN E-INVOICEba E-INVOICE CREATION & IT IMPLEMENTATION 4 CHAPTER 51
Part A: Flow from known as seller) to IRP
Supplier (commonly
STEP
1: DoesSituation:thetaxpayer needs to mention the “mandatory parameters” as stated in the e-invoice schema/standards/APIs? Solution: Notification No. 60/2020-Central Tax dated 30th July, 2020. Para 4.1 52
` 53 Para 4.1
HowSituation:small taxpayers will adopt the e-invoicing in case they do not have the accounting software?
Solution:
STEPwww.gstn.org.in2:Thisisan optional step “Proposed e-invoicing System” dated 12th February, 2020 CanSituation:thetaxpayer generate the IRN by his own and print the invoice? Solution: Para 4.1 54
Note: It is important to note that the proposed New GST Returns has been scrapped and the existing returns mechanism is modified. Accord ingly, the above flow of communication to the extent of auto-population in GST ANX-1 may get changed to GSTR 1 and buyer can view the ITC related to the e-invoice in his GSTR 2A/2B instead of GST ANX-2. The aforesaid view on account of modified GST return has been duly answered in the updated image as shown below which is available on
For example: SHA-256 hash of ‘abc’ would be: ba7816bf8f01cfea414140de5dae2223b00361a396177a9cb410ff 61f20015ad.
MeaningSituation:of hash generation algorithm e.g. SHA256
“Proposed e-invoicing System” dated 12th February, 2020
Hashing function or cryptographically secure hashing function
DoesSituation:the3 parameters set the uniqueness of the IRN sufficient or does it require any other parameter to set in?
55 Para 4.1
not make the invoice valid
Solution:
Unique Invoice Reference Number [IRN], also known as HASH: legal invoice
Solution: cryptographic hashSHA-256
FAQ E-invoice Roll-out by GSTN released on 26th December,“Proposed2019e-invoicing System” dated 12th February, 2020
API Based:
STEP 3:
Taxpayers with Aggregate Turnover of < Rs. 500 Crores: Through E-Way Bill APIs –GSPs –
GST Suvidha Providers/ERPs No.Sl. GSP/ERP Name Contact E-mail-Id Para 4.1 56
Solution:
HowSituation:conversion of invoice details will happen in JSON format that needs to be uploaded on the IRP.
Through
57 Para 4.1
No.Sl.
GSP / ERP Name Contact E-mail-Id
No.Sl.
GSP / ERP Name Contact E-mail-Id
Para 4.1 58
GSP / ERP Name Contact E-mail-Id
Through Entities having direct Access to APIs – e.g
No.Sl.
59 Para 4.1
Through ERPs or Billing/Accounting Software Service Providers –
60
Taxpayers with Aggregate Turnover of > Rs. 500 Crores:
“Proposed e-invoicing System” dated 12th February, 2020
STEP 4:
Web based: GST e-invoice system FAQ version 1.4 dated 31-3-2021
GST e-invoice system FAQ version 1.4 dated 31-3-2021
The hash computed by IRP will become the IRN (Invoice Reference Number) of the e-invoice.
SMS based:
“Proposed e-invoicing System” dated 12th February, 2020
Offline Utility Based:
Mobile App based:
Para 4.1
Direct Access to API–
WhatSituation:isthe use of QR Code? How QR Code can be used to verify the details of invoices? Can the user print the e-invoice using the QR Code? Solution: central portal
Facts about IRN
The QR code will enable quick view, validation and access of the invoices from the GST system from hand held devices
Offline App 61 Para 4.1
GST e-invoice SystemFAQs - Version 1.4 Dt. 30-3-2021
Para 4.1 62
Q81. What is dynamic QR Code? Does it have any relevance for B2B e-invoicing?
GST e-invoice/IRN System Frequently Asked Questions (Version 1.4 Dt. 30-03-2021)
An offline app e- view the e-invoice buyers on the GST system/eway bill system
h.d.b.a.c.e.f.g.i.
The facility of e-invoice verification is planned to be made available only through the GST System and not the IRP. This is because the IRP will not have the mandate to store invoices for more than 24 hours. In order to achieve speed and efficiency, the IRP will be a lean and focused portal for providing invoice registration and verification service, IRN and the QR codes. Hence, storing of the invoices will not be a feature of the IRP.
The seller will be returned a signed JSON with all details including a QR Code.
]
AUTHOR e-Invoicing NOW
: Aditya Singhania PUBLISHER : TAXMANN DATE OF PUBLICATION : August 2022 EDITION : 3rd Edition ISBN NO : 9789356223806 NO. OF PAGES : 344 BINDING TYPE : PAPERBACK GST
Description
This book serves as a ready referencer for all tax professionals, technical experts, and the project-in-charge in handling the execution of the e-Invoicing module in the existing accounting
GST
at appropriate places [Pictorial Representations] have been made for a better understanding [Impact on other Verticals of the Business] has been incorporated [Process Flow along-with Validations] done at IRP portal is also given
Publication is the 3rd Edition, amended up to 20th August 2022. This book is authored by Aditya Singhania with the following noteworthy features:
ORDER
Thesoftware.Present
USD : 39
[Tabular Presentation] has
This book is a comprehensive guide on e-Invoicing. It assists the reader in understanding the following with respect to e-Invoicing
IssuesConceptsBackground
GST
Explanation in complete sync with current features available at the following e-Invoicing Portal e-Invoice API Portal Common Portal all Key Changes that have occurred from time to time along with relevant e-schema, etc. been made for of been given
[Ascertain
GST
ascertaining the responsibility
Rs. : 795 |
annexures, FAQs,
each stakeholder involved [Situations & Solutions] have