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How to generate e invoice in GST portal?

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Taxes
0 2022-11-29T11:43:32+00:00
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Hey, One of the most popularly asked questions is ‘how to generate e invoice in GST portal’. As taxpayers, we need to keep a record of our sales. My GST-registered business provides the customer with a B2B/B2G/export invoice on every sale. I will share the entire method in the paragraphs below.  Pay Utility Bills without any Hassle in a few Simple Steps on NoBroker. Get help from experts at NoBroker to register and verify properties. According to the rules and regulations of the GST Council, GST Invoice needs to be registered on the Invoice Registration Portal i.e. IRP. IRP uses a unique Invoice Registration Number i.e. IRN to each invoice. These invoices will then be uploaded on the GST portal for accumulation.  Take a look at the table below to know the GST notification date and the effective date. If the annual turnover of your business falls in the category, you will need to comply with the rules of the GST council.
Phase GST Notification No. Aggregate Annual Turnover (From F.Y. 2017-18 onwards) Effective Date
I 61/2020 dated 20-07-2020 Rs 500 Crore 1st October 2020
II 88/2020 dated 10-11-2020 Rs 100 Crore 1st January 2021
III 05/2021 dated 08-03-2021 Rs 50 Crore 1st April 2021
IV 01/2022 dated 24-02-2022 Rs 20 Crore 1st April 2022
V 17/2022 dated 01-08-2022 Rs 10 Crore 1st October 2022
  Here is the process of generating an invoice: 
  • The seller will need to create an invoice in the format of an e-invoice schema) using their accounting software. 
  • A JSON file for each B2B invoice will be regenerated. 
  • The JSON file will be uploaded to the IRP by GST Suvidha Provider (GSP)
  • An invoice Reference Number (IRN) will be generated with the help of a standard hash-generation algorithm
  • The seller will need to upload the JSON file of each invoice to the Invoice Registration Portal. 
  • The link for the GST portal is https://einvoice1.gst.gov.in
  • The IRP given will validate the IRN attached to the JSON file. 
  • Your uploaded files will be authenticated
  • A digital signature QR code will be added at the end. 
If you have any more questions on how to generate e invoice in GST portal, leave them in the comment section below. Read more:  What is The Due Date for Filing The GST Returns? How can we generate E Way Bill for the Back Date Invoice? How to Generate E Way Bill Without GST Number?

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