GST e-invoicing

- From 1 January 2021, businesses with a turnover exceeding Rs. 100 Crore (approximately EUR 11.200.000). 

- From 1 April 2021, businesses with a turnover exceeding Rs. 50 Crore (approximately EUR 5.600.000). 

- From 1 April 2022, businesses with a turnover exceeding Rs. 20 Crore (approximately EUR 2.400.000). 

- From 1 October 2022, businesses with a turnover exceeding Rs. 10 Crore (approximately EUR 1.400.000). 

- From 1 August 2023, businesses with a turnover exceeding Rs. 5 Crore (approximately EUR 560.000). 

Pagero went live with our connection to IRP in September 2020, supporting several customers with mandatory B2B e-invoicing in India. Businesses using Pagero’s services can already comply with the extended scope of the mandate without waiting for the official deadlines.

Taxpayers in India are able to both manually view and download JSON e-invoices, as well as automatically fetch these through GST Suvidha Provider or an Authorized Intermediary. 

On 13 September 2023, the Goods and Services Tax Authority (GSTN) in India announced that taxpayers will have a 30-day window to report e-invoices from 1 November 2023 onwards. This new regulation applies to taxable persons with annual aggregate turnover (AATO) greater than INR 100 crores (ca. EUR 11 million) For instance, an invoice with a date equivalent to 1 November 2023 will not be allowed to be reported after 30 November 2023. 

The required document types for reporting include invoices, credit notes, and debit notes. 

• Automated issuance to Indian Invoice Registration Portal (IRP) in .JSON format, with enhanced invoices containing IRN and QR code. 

• Cleared invoices automatically returned to the issuer. 

• Automated distribution of invoices via email or paper, tailored to each party's needs. 

• Provides live clearance status and reporting for informed decision-making in accounting.