Advisory on Case Insensitivity in IRN Generation
GSTN published advisory on case insensitivity in IRN generation
Tag: e-INVOICE
New 30-Day E-Invoice Rule from April 1, 2025
GSTN has announced that, starting April 1, 2025, all businesses with an AATO of Rs. 10 crore and above must report their e-invoices within 30 days of invoice generation on the IRP.
DGFT Trade Notice 35/2024-25 dt 25.03.2025
DGFT issued Trade Notice 35/2024-25 dated 25.03.2025 Seeking comments on proposal to make GST E-Invoices received through GSTN to DGFT BO portal mandatory for claiming Deemed Export Benefits under FTP pursuant to the provisions of Para 1.07A and B of FTP 2023
GSTN-Advisory on Business Continuity for e-Invoice and e-Waybill Systems
GSTN issued an advisory dated 24.01.25. This advisory is issued to highlight the alternate mechanisms and business continuity plans available for both the e-Invoice and e-Waybill systems.
GSTN Advisory on Updates to E-Way Bill and E-Invoice Systems
GSTN is pleased to announce that NIC will be rolling out updated versions of the E-Way Bill and E-Invoice Systems effective from 1st January 2025. These updates are aimed at enhancing the security of the portals, in line with best practices and government guidelines.
GST e-invoicing: GSTN releases list of 5 approved mobile apps for fast verification of GST invoices, easy input tax credit claim
GSTN has authorised five official mobile applications for verification of genuineness of e-invoices of businesses. Although this functionality already existed on the GST portal, it could only be accessed using a computer i.e. desktop or laptop. Experts lauded this innovation by GSTN and said this will make the process of invoice verification much more convenient. Moreover, it may also help curb the menace of fake GST invoices which is hurting businesses and protect buyer’s input tax credit mechanism also.
GSTN: E-Invoice Glossary and Steps
GSTN has prepared an informative resource in the form of an e-invoice glossary and a step-by-step guide
GSTN: Authorised e-Invoice Verification Apps
GSTN has prepared a consolidated document on authorized B2B e-Invoice verification apps available for download. The said document would serve as a reference to ensure that taxpayers have the most up-to-date information regarding approved B2B e-Invoice verification apps.
GST DAILY – 299
The GSTN issued Advisory dated 16.07.2024, regarding Integrated Services from NIC-IRP e-invoice-1 and e-invoice-2 Portals.
No input tax credit if e-invoice not uploaded in GST portal within 30 days: New rule soon
GSTN has introduced a new rule disallowing upload of e-invoices older than 30 days on the IRP from April 1, 2025, for a large category of GST taxpayers. Under GST law, taxpayer with a specified annual aggregate turnover (AATO) need to generate an e-invoice and upload it on the IRP portal which enables the buyer to claim input tax credit. Once uploaded an IRN and a QR code is generated.