The Central Board of Indirect Taxes and Customs ( CBIC ) has enabled the Auto-populated E-Invoice details in the statement of outward supplies viz GSTR-1 in GST Portal.
Certain notified taxpayers have to prepare and issue their invoices by obtaining Invoice Reference Number (IRN) from Invoice Registration Portal (IRP) (commonly referred as ‘e-invoices’).
E -invoicing is mandatory from 1st October, 2020, for registered persons (barring some exceptions) having aggregate annual turnover at PAN level of more than Rs 500 Crore. Further from January 2021 taxpayers having turnover of more than Rs 100 Crore will be covered under GST e-invoicing. For further details click here.
Upon successful generation of IRN, details of such e-invoices will be auto-populated in respective tables of GSTR-1. The details of e-invoices available for auto-population along with status of auto-population can also be downloaded as excel file. For further details on GST e-invoicing click here.
To effect this, certain tabs/labels are being added on GSTR-1 dashboard and screens. (Those taxpayers for whom e-invoicing is not applicable may ignore these changes.)
For the period of October, 2020, the e-invoice details would be processed incrementally from 13th November, 2020. The processing of details of e-invoices/IRNs generated till 31st October, 2020 is expected to take upto 10 days.
The processing of documents, dated in October, 2020, has no effect on filing of GSTR-1 for October. The taxpayers are advised not to wait for auto-population but file GSTR-1 for October, on their own (if not filed already). However, there is an option to download the details of October-dated documents through excel file: ‘Download details from e-invoice (Excel)’ button (available at the bottom portion of GSTR-1 dashboard).
Taxpayers are requested to verify the documents present in the excel and may share feedback on GST Self Service Portal , on below aspects:
a) All documents reported to IRP are present in excel.
b) Status of each e-invoice/IRN is correct.
c) All the details of document are populated correctly.
For the period of November, 2020, the e-invoices generated (i.e. the documents dated in the Month of November) will be auto-populated into GSTR-1 in incremental manner and the process for whole month will be completed by 2nd Dec, 20 (i.e. on T+2 basis).
The detailed advisory with methodology of auto-population etc. is made available on the GSTR-1 dashboard (‘e-invoice advisory’) and also e-mailed to relevant taxpayers.
Source: GST portal
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Frah Saeed is a law graduate specializing in the core field of indirect taxes and is the Co-founder of taxwallah.com. She has authored many publications on GST and is into full-time consultancy on GST to big corporates. She as a part of taxwallah.com heads a team comprising of Chartered Accountants and Advocates and plays a key role in our mission to disseminate GST knowledge to all.
