GST

GSTN Onboards New Portals for e-Invoicing

The Goods and Services Tax Network (GSTN) has recently released advisories on setting up new portals for e-invoicing. As per the release, the new portals will be in addition to the current government NIC-IRP portal. The new e-invoicing portals will be operated by private players and have been onboarded in a bid to improve the overall user compliance journey. 

Taxpayers have a choice of e-Invoicing Portals

The Invoice Registration Portals (IRP) portals authorised to generate IRNs (Invoice Reference Numbers) are as follows-

URL Company Type Status
einvoice1.gst.gov.in NIC Government Active
einvoice3.gst.gov.in Cygnet Private Live
einvoice4.gst.gov.in ClearTax Private Live
einvoice5.gst.gov.in EY Private Live
einvoice6.gst.gov.in IRIS Private Live

Taxpayers must note that a new government-run Invoice Registration Portal (beta version) has also been set up and will be the reference website for all master data, latest releases, news and updates. Taxpayers can also self-enable themselves for e-invoicing, check their enablement status, search for IRNs, and get the web links to all IRP portals. There has also been a helpdesk set up for e-invoicing or IRP-related issues that is available via the Grievance Redressal Portal, where the relevant IRP can be selected using the dropdown menu.

Taxpayers can log in to the new e-invoice portal with their GSTN credentials and access select services that pertain to their GSTIN profiles.

Points to bear in mind while choosing an e-invoicing solution

There are several advantages that come with using a privately-run IRP. If you are in the process of finding a good e-invoicing solution, then you must ensure that your e-invoicing solution offers-

  • A seamless connect with all major ERPs and invoicing tools, thereby reducing manual effort and errors by a large extent
  • Bulk upload of data and bulk e-invoice generation/download/cancellation
  • Integrated option for e-way bill generation
  • Multiple backup servers that ensure zero downtime
  • High scalability and reliability
  • 24×7 expert support

For any clarifications/feedback on the topic, please contact the writer at athena.rebello@clear.in

Share

Recent Posts

Mutual Funds: SIP Inflows Breach Rs 19,000-Crore Mark for the First Time in February ’24

The systematic investment plan (SIP) contribution in February 2024 has crossed a new milestone. The monthly contribution tipped at Rs…

10 months ago

Income-Tax Return: A Brief Note on Annual Information Statement (AIS)

The Income-Tax (I-T) Department has directed taxpayers to access the Annual Information Statement (AIS) via the e-filing official portal and…

10 months ago

Mutual Funds: All About SIP and Market Fluctuations

Considering the vagaries of the stock market, investors often ponder over reevaluating their strategies. Whether to continue to remain invested…

10 months ago

Income-Tax Saving Through Strategic Life Insurance Planning

Financial planning is beyond just investing wisely to save on taxes; it's also related to protecting oneself and one's loved…

10 months ago

Income-Tax Return: Here’s a Note on Tax-Saving Avenues

A salaried individual earning up to Rs 5-15 lakh as net salary on an annual basis must first take stock…

10 months ago

A Quick Take on Equity-Linked Savings Scheme

Equity-linked savings schemes (ELSS), also referred to as tax-saving schemes, are equity funds that invest a significant portion of their…

10 months ago