GST News - GSTN launches e-invoice registration services through private IRPs - ClearTax, Cygnet, E&Y and IRIS Business Ltd

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Admin
07-Mar-2023 10:58:31
Key Pointers –
- GSTN has launched the e-invoice registration services through multiple private IRPs at the recommendation of the GST Council. Four private companies viz. ClearTax, Cygnet, E&Y and IRIS Business Ltd were empaneled by GSTN for providing these e-invoice registration services to all GST taxpayers of the country.
- There are more than one IRP by which the taxpayers can use to register their e-invoices. This adds significant capacity and redundancy to the single e-invoice registration portal which existed earlier.
- The end-to-end flow of a digitally signed e-invoice between sellers and buyers by integration with the GST system will lead to ease of compliance for the taxpayers. It facilitates auto-drafting and auto-populating of invoice details in the GST returns which would lead to increased accuracy, correctness of reporting of supplies and availing of ITC by the recipients of the supply.
- The details of the existing and new IPRs is available at https://einvoice.gst.gov.in/einvoice/dashboard
https://www.gst.gov.in/newsandupdates/read/573
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