E-Invoice Mandate – Does Your Business Need It?
E-invoicing means reporting invoices to the Invoice Registration Portal (IRP) before issuing to the customer.
Who Must Comply
Thresholds change. As of 2024, businesses with turnover above a certain limit (check CBIC notifications). Often ₹5 crore+, then lowered over time.
How It Works
- Generate invoice in your system
- Upload to IRP (via GST portal or API)
- IRP returns IRN (Invoice Reference Number) and QR code
- Include IRN and QR on the printed/electronic invoice
For Small Shops
If your turnover is below the mandate, you don’t need e-invoice yet. But prepare—thresholds may come down. Use software that can add e-invoice when required.
Stockkeeper will support e-invoice when needed for small shops. Join the waitlist.