In recent development the GST department has made e-invoicing mandatory for everyone whose turnover exceeds INR 5 crores in the financial year 2023-2024. Anyone with a turnover of moe that INR 5 crores will be required to start e-invoicing from the next financial year, i.e., from 1st April 2024 and it is applicable if the threshold is crossed in any of the proceeding financial years.
E-invoicing is a system where business-to-business (B2B) invoices are digitally prepared in an e-invoicing format and authenticated by the Goods and Services Tax Network (GSTN). This system ensures that a common format is followed by all businesses before reporting invoices to the GST portal. Using a standard format not only makes compliance easier but the standardized format ensures compatibility between GST ecosystems.
For those who meet the notification criteria but have not yet been enabled on the portal, you can self-enable for e-Invoicing by visiting https://einvoice.gst.gov.in and start reporting through any of the 4 new Invoice Registration Portals (IRPs) – from e-Invoice IRP 3 to e-Invoice IRP 6
https://einvoice3.gst.gov.in https://einvoice4.gst.gov.in
https://einvoice5.gst.gov.in https://einvoice6.gst.gov.in
To report e-Invoices through NIC IRP 1 & 2, taxpayers can self-enable at
