E-Invoicing becomes mandatory for companies with Rs 20Cr+ turnover from 1st April 2022 – Are You Ready?
Attend our webinar to learn how to do e-invoicing like Top Listed Companies in India
As per the notification 01/2022 issued on 24th February 2022, it is mandatory for companies with Rs. 20 Cr+ turnover to generate e-invoice for all B2B invoices from 1st April 2022.
Event already pass
What are the expected changes for the small businesses
Never had we thought that the physical invoice copy can be done away with.
However, with the introduction of E-invoicing, this not only seems a possibility but a phenomenon that is soon going to happen. It is not only a technology change but also a process change.
The invoice data needs to be sent to the Government portal (Invoice Registration Portal-IRP), obtain Invoice Registration Number (IRN) and store it back in your system. The invoice generated needs to have signed QR Code on it.
In this webinar, we’ll look at e-invoicing as a starting point for the long journey which business entities need to undertake.
The far-reaching impact can be felt in the downstream activities such as the auto-population of e-invoice into GSTR-1, returns filing and reconciliation..
E-Invoicing is going to affect ITC reconciliation, E-Way Bill generation and vendor communication radically. Companies need to think the overall strategy instead of a one-time patch up.
Under the light of these changes, we are conducting a webinar with eminent GST Expert, Ashwini Gorhe on March 29th, 2022 at 03.00 p.m.
Register for the webinar today to save the seat.
*Limited Seats only
The session will cover:
- New Updates and Notifications
- E-Invoicing – Concept, Applicability and Exemptions
- Types of Documents Covered under E-Invoicing – Invoice, Debit Note, Credit Note, Bill of Supply, Delivery Challan etc
- E-Invoicing for Different types of Transactions -B2B and B2C transactions, Exports, SEZ and RCM
- Impact of E-Invoicing rules and compliance on internal systems and processes
- Sample E-Invoice Content- IRN and QR Code
- IRIS Onyx – An integrated and comprehensive solution for e-invoicing
- Multiple Ways of E-Invoice Integration
- Q & A
A management accountant by profession, Shilpa leads the domain team of IRISGST suite of products and drives product conceptualisation, management, design and user experience with them. She has played a leadership role in helping IRIS develop several software products which either author, validate or consume XBRL data. She has authored and co-authored many Guidance Notes, Research Papers on Structured data and has also written several eBooks on GST and related subjects. A voracious reader, Shilpa has chaired multiple knowledge sharing events at iCAI, ICSI, ICWAI, CII, FICCI and for corporate clients as well.
CA Ashwini Gorhe
Ashwini Gorhe, a Chartered Accountant, is associated with IRIS as a Financial Analyst. She has around 6 years of experience in compliance space which includes XBRL reporting, GST and Data analysis. She is actively involved in the IRIS Sapphire (GST filing solution) and IRIS Topaz (E-way bill solution) product development. Before GST, she was handling US compliance analyzing US financial statements and reviewing XBRL filings for US and India market.