{"id":39332,"date":"2022-01-17T11:11:15","date_gmt":"2022-01-17T05:41:15","guid":{"rendered":"https:\/\/corpbiz.io\/learning\/?p=39332"},"modified":"2022-01-17T11:13:01","modified_gmt":"2022-01-17T05:43:01","slug":"invoice-registration-portal-under-gst-explained","status":"publish","type":"post","link":"https:\/\/corpbiz.io\/learning\/invoice-registration-portal-under-gst-explained\/","title":{"rendered":"Invoice registration portal under GST: Explained"},"content":{"rendered":"\n<p class=\"has-drop-cap\">Invoice Registration Portal, i.e., IRP,\nis a GST-based platform that authenticates the legitimacy of invoices used in\nthe GST regime. It creates and assigns IRN to every GST invoice. The\ninfrastructure to bolster the trial variant of the e-invoicing system was first\nlaunched for voluntary use on Jan 1 2020.<\/p>\n\n\n\n<p><strong>Latest news:<\/strong> GSTN is inviting qualified companies to\nbecome e-invoice registration partners. The registration facility is open till\nJan 15, 2022. Common beneficiaries of this scheme would be any company \/ LLP in\nIT\/ ITES\/BFSI (Banking, Financial Services, and Insurance) domain, operating in\nIndia as a registered entity for at least three years. Furthermore,\nregistration is also open to Start-up or SME\/MSME in IT\/ ITES registered in\nIndia for at least three years. <\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title ez-toc-toggle\" style=\"cursor:pointer\">Page Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/corpbiz.io\/learning\/invoice-registration-portal-under-gst-explained\/#What_is_the_role_of_the_Invoice_Registration_Portal_IRP\" >What is the role of the Invoice\nRegistration Portal (IRP)?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/corpbiz.io\/learning\/invoice-registration-portal-under-gst-explained\/#What_are_the_fundamental_functions_of_IRP\" >What are the fundamental\nfunctions of IRP?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/corpbiz.io\/learning\/invoice-registration-portal-under-gst-explained\/#E-Invoice_generation_on_the_Invoice_registration_portal\" >E-Invoice generation on the\nInvoice registration portal<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/corpbiz.io\/learning\/invoice-registration-portal-under-gst-explained\/#Modes_of_registering_invoices_with_the_Invoice_registration_portal\" >Modes of registering invoices\nwith the Invoice registration portal<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/corpbiz.io\/learning\/invoice-registration-portal-under-gst-explained\/#Conclusion\" >Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_role_of_the_Invoice_Registration_Portal_IRP\"><\/span>What is the role of the Invoice\nRegistration Portal (IRP)?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The Invoice Registration Portal serves as\nregistrar and operates via an online platform to assign Invoice Reference\nNumbers to each credit note\/invoice\/debit note.<\/p>\n\n\n\n<p>The invoice information can be submitted\nonto this portal using a standard mode to either generate or authorize the IRN\nof the uploaded invoice. Only such invoices with a validated IRN shall be\ndeemed valid as per law. Presently, there is only one IRP known as NIC.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_are_the_fundamental_functions_of_IRP\"><\/span>What are the fundamental\nfunctions of IRP?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The Invoice registration portal, IRP\ncarried out the following undertakings:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Generation IRN\/Hash for\ninvoices:<\/h3>\n\n\n\n<p>When the invoices have been submitted\nwithout hash, the IRO renders the hash\/IRN for the same in the standard format\nbased on the IRN parameters.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">De-duplication check<\/h3>\n\n\n\n<p>The Invoice registration portal performs\nan extensive check of the hash\/IRN of an invoice for any repetition or\nduplication by comparing the same with details that exist in the Central\nDepository.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">&nbsp;Electronic Signing\nof authenticated invoices<\/h3>\n\n\n\n<p>The IRP electronically signs all the\nauthenticated invoices via the private key of the IRP. This electronically\nsigned JSON is then made accessible to the supplier.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Generation of QR codes\nconcerning validated invoices<\/h3>\n\n\n\n<p>The Invoice registration portal also\ngenerates a QR code against each invoice in addition to the digital signature.\nThe taxpayer can leverage such code to validate\/print the invoice &amp; have a prompt\nreview\/access on handheld devices.<\/p>\n\n\n\n<p>This feature is beneficial for tax\nofficials and stakeholders to validate information when they have no\/limited\naccess to the internet.<\/p>\n\n\n\n<p><strong><em>The given parameters shall be accessible\nvia the QR code<\/em><\/strong>:<\/p>\n\n\n\n<ul><li>GSTIN\nof recipient<\/li><li>GSTIN\nof supplier<\/li><li>Invoice\nnumber rendered by the supplier<\/li><li>Date\nof invoice&#8217;s generation<\/li><li>Invoice\nvalue (taxable value &amp; gross tax)<\/li><li>HSN\nCode of the main item (the line item having the highest taxable value)<\/li><li>Number\nof line items<\/li><li>Unique\nInvoice Reference Number (hash)<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Leveraging offline app<\/h3>\n\n\n\n<p>The IRP shall facilitate an application\nto verify the QR code of an invoice in an offline mode. The entire information\nof the invoice would be accessible only after connecting to the web portal.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">&nbsp;Syncing with\nGST &amp; E-way Bill System<\/h3>\n\n\n\n<p>The uploaded invoice information will be shared automatically with the <a href=\"https:\/\/corpbiz.io\/gst-registration\"><strong>GST<\/strong><\/a> system, which will allow for auto-updating of GSTR-1 (of the seller).<\/p>\n\n\n\n<p>Moreover, the information will also be\nshared automatically with the e-way bill system whenever required to generate\nan e-way bill, even simpler.<\/p>\n\n\n\n<p>The e-way bill system seeks a vehicle\nnumber to complete the process of generating an e-way bill.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"E-Invoice_generation_on_the_Invoice_registration_portal\"><\/span>E-Invoice generation on the\nInvoice registration portal<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>E-invoicing ensures that a specific\nstandard is followed for the digital reporting of invoice information. GST\ntaxpayers should follow a standard format that enables the system to process\nthe output generated by another system. Thus, if the information of the\ninvoices is reported as per the standard format, it will result in a\nsignificant improvement in digitizing the process of filing returns.<\/p>\n\n\n\n<p>Therefore, it can be concluded that the\naim of the IRO is not e-invoice generation but only to register the invoices&#8217;\ndetails generated by the company on a daily basis. The invoice should be\naccessible as a JSON file utilizing an offline tool to furnish details of the\ninvoices into the IRP. The ERP should be synced with the e-invoice system by\nway of API, either directly or via GSPs.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Modes_of_registering_invoices_with_the_Invoice_registration_portal\"><\/span>Modes of registering invoices\nwith the Invoice registration portal<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong><em>Multiple modes have been proposed for\nregistering the invoice on the IRP:<\/em><\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Web-based via Bulk Upload<\/h3>\n\n\n\n<p>The applicable taxpayers can submit the invoice details on an excel-based offline tool. Such a tool is used to convert the data into acceptable file format i.e., JSON file. The same can be furnished onto the e-voice portal for the authentication\/registration of the same. After that, an IRN shall be generated by the portal, accompanied by the <strong>QR code<\/strong><sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/QR_code\"><strong>[1]<\/strong><\/a><\/sup>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">API based<\/h3>\n\n\n\n<p>The API integration mode shall enable\nprominent taxpayer &amp; accounting program providers to interact with the IRP\nvia their own program.<\/p>\n\n\n\n<p>For this purpose, server information of\ntheir system must be registered with the IRP e-invoice system. The IRN can be\ngenerated &amp; authenticated for invoices either one time or in volume,\nidentical to the e-way bill system.<\/p>\n\n\n\n<p><strong><em>Prerequisites for integration include; <\/em><\/strong><\/p>\n\n\n\n<ul><li>SSL\nbased domain name<\/li><li>Pre-production\nsystem to validate the API interface<\/li><li>IT-enabled\ninvoice generation system having a static IP address<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Mobile App based<\/h3>\n\n\n\n<p>The invoice registration portal has\nproposed a mobile-based application on the App store, which performs some\nessential IRP functions as mentioned above. The user must enroll their IMEI\n(International Mobile Equipment Identity) number of their handsets, via which\nthe IRN needs to be generated on the e-invoice system.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p> The IRP serves as an electronic portal that validates the generated invoices by facilitating Invoice Reference Numbers (IRN). The National Informatics Centre is the primary source that operates this portal in India.  <\/p>\n\n\n\n<p class=\"text-left\"><b>Read our Article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/corpbiz.io\/learning\/concurrent-levy-of-gst-and-excise-duty-on-tobacco-items-is-fair-karnataka-hc\/\">Concurrent Levy of GST and Excise duty on Tobacco items is fair: Karnataka HC\n<\/a><\/mark><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Invoice Registration Portal, i.e., IRP, is a GST-based platform that authenticates the legitimacy of invoices used in the GST regime. It creates and assigns IRN to every GST invoice. The infrastructure to bolster the trial variant of the e-invoicing system was first launched for voluntary use on Jan 1 2020. Latest news: GSTN is inviting [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":39334,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[16],"tags":[],"acf":{"service_id":"96"},"authorName":"Pankaj Tyagi","authorImageUrl":"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2022\/01\/MicrosoftTeams-image-42.jpg","authorDescription":"Pankaj has a diverse experience of writing research papers, blog, and articles during his college time. Earlier, he was working as a tax consultant in a financial firm, but his interest in writing drives him to pursue a career in the writing field.","postViews":3600,"readingTime":4,"_links":{"self":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/39332"}],"collection":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/comments?post=39332"}],"version-history":[{"count":7,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/39332\/revisions"}],"predecessor-version":[{"id":39340,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/39332\/revisions\/39340"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media\/39334"}],"wp:attachment":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media?parent=39332"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/categories?post=39332"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/tags?post=39332"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}