No need to carry the physical copy of Tax Invoice in case of E-Invoice

No need to carry the physical copy of Tax Invoice in case of E-Invoice Central Board of Indirect Taxes and Customs has issued a circular in which the…

CA Deepak Gupta

Sep 20, 2021

Last update on Sep 20, 2021

No need to carry the physical copy of Tax Invoice in case of E-Invoice Central Board of Indirect Taxes and Customs has issued a circular in which they have clarified that in case of Invoice is generated by the supplier in the manner prescribed under rule 48(4) of the CGST Rules and Quick Response (QR) code has been embedded in Invoice Reference Number (IRN) electronically, there is no need to carry the physical copy of Tax Invoice.

E-INVOICE UNDER THE GST

GST e-invoice refers to the creation of a digital invoice for goods or services by a business company generated at the government GST portal. GST e-invoice has been considered for the reduction of GST evasion. It is often misunderstood that an e-invoice is the creation of an invoice via the GST portal. The same can be used to submit/upload an ERP/ accounting software-generated invoice to Invoice Registration Portal for electronic authentication. Download the Circular given below for complete understanding.

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CA Deepak Gupta

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CA Deepak Gupta,is Co-founder of Studycafe. He is Microsoft Office Specialist and Corporate Trainer of AI Tools, Microsoft Excel. He is Finance Influencer having more than 250K followers on Social Media. CA Deepak Gupta, is Having more than 14 plus years of experience, and he has Worked with best brands Like, Hero, Wipro, Ericsson before Starting Studycafe. He has Trained more than 20000 Persons in Microsoft Excel, PowerPoint, Power BI, Google Sheet, Google Forms and Other Tools.