Module 4: E-Invoicing & E-Way Bill Compliance – Advance GST Course
📌 What is E-Invoicing in GST?
E-Invoicing is a system where B2B invoices are authenticated electronically by the Invoice Registration Portal (IRP), and assigned a unique Invoice Reference Number (IRN) along with a QR code.
It ensures real-time reporting of invoices to the GST system and improves transparency and compliance.
🎯 Applicability of E-Invoicing (as of FY 2024–25)
| Aggregate Turnover in any FY (from 2017-18 onwards) | E-Invoicing Applicable From |
|---|---|
| Above ₹500 Cr | Oct 1, 2020 |
| Above ₹100 Cr | Jan 1, 2021 |
| Above ₹50 Cr | April 1, 2021 |
| Above ₹20 Cr | April 1, 2022 |
| Above ₹10 Cr | Oct 1, 2022 |
| Above ₹5 Cr | Aug 1, 2023 |
✅ Latest Update: E-Invoicing is now mandatory for taxpayers with turnover above ₹5 crore.
🛠 Step-by-Step: How to Generate E-Invoices
Generate invoice in your accounting software.
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Upload invoice data (JSON) to the Invoice Registration Portal (IRP).
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IRP validates and assigns:
- Unique Invoice Reference Number (IRN)
- Digital signature
- QR code
- The validated e-invoice is returned to the supplier.
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Details auto-populate into GSTR-1 and E-Way Bill system (if opted).
🖥 Use tools like Tally, Zoho, Busy, or government APIs for seamless integration.
🚛 E-Way Bill Compliance: Applicability & Process
E-Way Bill is required for transporting goods worth ₹50,000 or more (in most cases). It contains details of the consignor, consignee, transporter, and goods.
Cases Where E-Way Bill is Required:
- Interstate movement of goods
- Intrastate movement (in notified states)
- E-commerce supplies
- Job work
🔄 E-Way Bill Generation Process
- Log in to ewaybillgst.gov.in
- Select “Generate New” under E-Way Bill
- Enter details:
- Supplier & recipient GSTIN
- Invoice number and date
- Product details (HSN, quantity, value)
- Transporter details
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Generate EWB & share with transporter
✅ You can also integrate EWB API with your billing software for faster compliance.
🔗 Integration with Accounting Software
Modern accounting tools now come with E-Invoicing & E-Way Bill APIs:
- TallyPrime
- Zoho Books
- Busy Accounting
- Marg ERP
- ClearTax GST
- IRIS Onyx
💡 Integration ensures seamless data flow and avoids duplicate entries or errors.
❌ Common Mistakes to Avoid
| Mistake | Impact |
|---|---|
| Delayed E-Invoice generation | Penalty + loss of ITC to buyer |
| Wrong HSN/SAC code | Rejection of ITC, mismatch in GSTR-1 |
| Wrong vehicle number in EWB | Invalid E-Way Bill; liable to penalty during transit |
| Not generating E-Invoice for B2B sale | Treated as non-compliance; penal consequences |
| Not integrating IRP properly | Missed filings, errors in returns |
⚠️ Penalties for Non-Compliance
- Non-issuance of E-Invoice: ₹25,000 per invoice (under Section 122 of CGST Act)
- Wrong details in E-Way Bill: Fine of ₹10,000 or tax amount, whichever is higher
- Detention of goods: Seizure under Section 129, leading to major business losses
📈 Benefits of E-Invoicing & EWB Integration
✅ Real-time data syncing with GSTN
✅ Auto-populated GSTR-1
✅ Reduces tax evasion risk
✅ Simplifies audit and assessments
✅ Builds a cleaner credit trail for ITC
📝 Final Thoughts
E-Invoicing and E-Way Bill systems are key pillars in India’s digital GST framework. With thresholds dropping and compliance monitoring getting tighter, businesses must adopt best practices, integrate their systems, and avoid costly errors.
📣 Need Help with GST E-Invoicing or EWB?
At Verotus Finlegal Solutions LLP, we assist businesses in:
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Setting up automated E-Invoicing solutions
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Managing EWB generation & integration
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Filing error-free GST returns
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Handling EWB-related notices & penalties
📍 Kolhapur, Maharashtra
🌐 www.verotusllp.com
📞 +91-7066336680
