Generating and dispatching valid invoices is one of the most critical processes for any organization. Organizations develop and maintain several processes for generating timely and error free invoices. Generation of invoices will see some changes for most of the Indian organizations from 2020. They will have to adapt to generation of legally valid invoices by…Read More
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Introduction The generation of e-invoice will be the responsibility of the taxpayer who will be required to report the same to Invoice Registration Portal (IRP) of GST. This portal will generate a unique Invoice Reference Number (IRN) and digitally sign the e-invoice and also generate a QR code. The QR Code will contain vital parameters…Read More
Introduction ‘E-invoicing’ is a system in which B2B (Business-to-Business) invoices are authenticated electronically by GSTN (GST Network, the IT backbone for new indirect system) for further use on the common GST portal. An identification number will be issued against every invoice by the Invoice Registration Portal (IRP) to be managed by the GSTN. All invoice…Read More