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Query: What is proposed e- Invoicing in GST.... All the invoices will now be prepared on line only

Category: GST

Answer: In the proposed e-invoicing system of GST the tax payer after preparing invoice in his software / ERP shall generate Invoice Reference Number (IRN) & Quick Reference code (QR) from Invoice Registration Portal (IRP) and shall issue invoice with this IRN and QR code. This is a misconception in the taxpayer that invoice will be prepared online. Invoice is to prepared as usual but you need to generate IRN & QR from IRP.

Date Posted 30-Dec-2019
Posted By Divya Sharma
Views: 499

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