Subscribe to Updates
Get the latest creative news from FooBar about art, design and business.
E-Invoice is a system in which B2B invoices are authenticated electronically by GSTN. Under the e-invoicing system, an identification number will be issued against every invoice by the Invoice Registration Portal (IRP), which will be managed by the GST Network (GSTN). All invoice information will be passed directly by the IRP portal to the GST and e-way bill. Therefore, there is no need for manual data entry while filing GSTR-1 returns and generation of part-A of the e-way statements. The exchange of the invoice document takes place in electronic format through the e-invoice schema (INV01). Presently, e-invoice is compulsory for…