GSTN has launched an innovative solution to facilitate seamless e-invoice verification – the E-Invoice Verifier App. The app can scan IRNs from all four private IRPs.
GSTIN will be blocked if the number of errors exceeds 20,000 or surpasses 1 lakh for a client ID. The support/help desk team will send an email to the corresponding email address, informing them about the errors.
GST Notification No. 10/2023 – Central Tax released on 10th May 2023 has made it mandatory for businesses with an AATO of Rs. 5 Cr. & above to start generating e-invoices from 1st Aug 2023
For taxpayers with AATO higher than or equal to 100 crores, the Government has decided to impose a time limit on submitting old invoices on the e-invoice IRP portals.
It is now mandatory for taxpayers to report a minimum of 6-digit valid HSN code for their outward supplies having AATO of more than 5 crores in any previous financial year.
After lowering the e-invoicing threshold for companies with AATO above Rs. 10cr, the government has now enabled the voluntary enablement e-invoicing for FY 2022-23.
The E-invoice System will not accept the 4-digit HSN codes within a few weeks. The date for blocking e-Invoice generation having HSN code as 4-digits will be intimated shortly on the portal.
GSTN has begun offering e-invoice registration services through a number of private IRPs as another move towards further digitizing the business process flow.