Electronic Invoice (E-invoice) is exchange of E-invoice between a supplier and a buyer in an integrated electronic form. The introduction of E-invoicing, has reduced the traditional paper- based process and chances of manual transcription errors and wrong entries. E-invoicing however is not generation of e- invoice on GST Portal, but reporting of e-invoice to automate the multi-purpose reporting with a one-time input of invoice details. The aim of e-invoicing is to make it part of business process of taxpayer and eliminate all reporting. E-invoice will also lesser the possibility of audits by the tax authorities as the information they require will be readily available at a transaction level. E-invoicing is mandatory for all taxpayers with a turnover of above Rs. 100 crore from 1 April 2020.
E-invoicing has eliminated the need for consultants and the required changes will be done through software providers to report the E-invoice on the govt. portal. The Taxpayers can create e-invoice with the help of software providers on their accounting/billing/ERP System. We as GSTrobo can enable this facility/Changes to the ERPs.
Automate E-Way Bills, Shorter delivery of goods, Auto population of GSTR1
Create GST compliant e-invoices, high volume e-invoice automation with single click import
Build your own GST and EWB compliance application through GSTrobo enriched APIs
Business Insights beyond return filing, understand your sales and marketing budget, probability of audit based on potential sales and expenses for the coming year.
Many tools based on open API provided by GSTN network such as GSTN Search, HSN Code search, GST return status etc.
