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Let's Check GST E-invoice Generating Procedure Step 1: Invoice Creation. ... Step 2: IRN Generation. ... Step 3: Invoice Uploading. ... Step 4: Authentication and Signing. ... Step 5: Sharing of Data. ... Step 6: E-invoice Downloading.

Here's what you should know about invoice numbers: Invoice numbers are found at the top of the invoice. They can be alphanumeric, including both letters and numbers (no special characters or symbols) Usually between 3-5 digits long.

From August 1, 2023, e-invoicing becomes mandatory for businesses with a turnover of more than Rs 5 crore, ing to the new GST regulations. This move is a significant step down from the previous threshold of Rs 10 crore, reflecting the government's ongoing efforts to enhance GST collection and reduce tax evasion.

The IRN generation will be required at the time of issuing the invoice or credit note or debit note by the seller.

Thus, registered persons whose Aggregate turnover in any preceding Financial Year from 2017-18 onwards is more than 5crores then E-invoicing is mandatory from 01st August 2023. In the preceding year 2019-20 the Aggregate T/O exceeds 5crores. In the preceding year 2022-23 the Aggregate T/O exceeds 5crores.

For B2C invoices, IRN generation is not required. If a B2C invoice is sent to IRP, it will be automatically rejected, and if sent multiple times, then the IRN generation for that taxpayer can be blocked.

If you are a first-time user, then visit the e-invoice portal -> registration menu -> click on 'e-Invoice Enablement'. Enter a particular GSTIN of the company and get the OTP verification done. Enter the annual turnover details with the related financial year and submit.