GSTIN has started enrollment for GST e-invoice platform. ERPNext should take advantage of this as we will be able to get regular updates and our data would be at par with the software ecosystem of GST.
This is for India only.
Goods & Services Tax (GST) | News and Updates
Applicability of GST E-Invoice System
It will be mandatory for the businesses to generate the entire GST e-invoice including all the value of sales.
E-Invoicing Under GST Time Period with Business Turnover Conditions
- Turnover 500 Crore or More – Voluntary and Trial Basis start from 1st January 2020
- Turnover 100 Crore or More – Voluntary and Trial Basis start from 1st February 2020
Note:
- GST e-invoicing is mandatory from 1st April 2020 for the above businesses. Those with turnover up to 100 Crore, voluntary and trial basis start from 1st April 2020 as per the sources (Not Declared by the Government).
- w.e.f 1st April 2020, a supplier whose aggregate turnover in a financial year exceeds 500 crore rupees, to an unregistered person (B2C Invoice), shall have quick response (QR) code .
The official also gave an example in which if Rs 1,000 is the fixed minimum invoice then there are high chances that the businesses can divide the bills so that they can avoid the invoice which will be generated because of the threshold.
Above is the post for reference.
We are OEM suppler and need to implement on priority basis
Hello Sir,
You are done with this configuration or your issue is resolved. what exactly issue are you facing at the time of creating an E-Invoice?
Regards,
Dwarkanath