Information About Smart E-INVOICING

Businesses/Taxpayers with a turnover more than INR 50 crores in a financial year will have to implement the e-Invoicing process from 01st April 2021 mandatorily.


Introduction to E-invoicing


Businesses/Taxpayers with a turnover more than INR 50 crores in a financial year will have to implement the e-Invoicing process from 01st April 2021 mandatorily. Under this process, businesses have to submit documents like GST invoices, debit/credit notes, reverse change invoices, export invoices, etc. to a centralised Government portal called the Invoice Registration Portal (IRP). The IRP will validate the data in these invoices and generate an Invoice Reference Number and QR code for the same. It will digitally sign the invoice and send back an e-Invoice to the taxpayers electronically.

E-Invoicing Applicability


Has a turnover of INR 50 crores or more (based on PAN) in the previous financial year.

Issues B2B invoices.

Supplies goods or services or both to a registered person(recipient or transporter of supplies cannot generate e-Invoices)

Taxpayers undertaking Exports (with/without payment) and Deemed Exports are liable to generate e-Invoices.

Supplies to SEZs (with/without payment) are covered under e-Invoicing

SEZ Developers who have the specified turnover (while fulfilling the other conditions) are required to generate e-Invoices.

DTA units are required to issue e-Invoices if other guidelines are met.

CBIC Notified Timelines
Turnover in INR at PAN levelE-Invoicing Applicable from
More than INR 500 crores01st Oct, 2020
More than INR 100 crores01st Jan, 2021
More than INR 50 crores01st April, 2021

Taxapayers Exempted from E-Invoice


Insurance Company

Transport service provider, providing passenger transportation service

Special Economic Zone (SEZ) units

Free Trade & Warehousing Zones (FTWZ)

E-Invoicing is not applicable for import Bills of Entry

Invoices issued by Input Service Distributors (ISD) are not covered under E-Invoicing.

From an unregistered person (attracting reverse charge) or

Through the import of services, e-invoicing is not applicable

Taxpayer's Obligation


Report the invoice details to the IRP,

Obtain IRN and

Issue the final invoice with QR code

Multiple Data Integration offered by our E-Invoicing solution

DATA API's

Send data for one invoice at a time to taxosmart and get real time response

Push file to SFTP:

Push files and get IRN either through portal or file response

Upload File APIs

Send CSV file containing one or multiple invoices through APIs

Manual Upload

Use taxosmart - E-invoicing Software to upload the CSV file and generate IRN

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