E-Invoicing & E-Way Bill Services

What is E-Invoicing?

E-Invoicing is a system where all B2B invoices are registered on the government portal and assigned a unique Invoice Reference Number (IRN). It is mandatory for businesses with turnover above ₹5 Cr (as of current threshold).

Benefits of E-Invoicing

• Auto-population of invoices in GSTR-1
• Better fraud control and transparency
• Real-time data access for authorities
• Ensures faster and cleaner reconciliation

What is an E-Way Bill?

An E-Way Bill is a digital document required for the movement of goods valued over ₹50,000. It is generated on the GST portal and must be carried by the transporter or supplier during goods movement.

Penalties for Non-Compliance

• Goods may be detained or confiscated during transit
• Penalties and fines up to ₹10,000 or tax amount (whichever is higher)
• Loss of credibility and departmental scrutiny