{"id":17298,"date":"2020-12-03T11:56:32","date_gmt":"2020-12-03T06:26:32","guid":{"rendered":"https:\/\/swaritadvisors.com\/learning\/?p=17298"},"modified":"2020-12-09T12:44:59","modified_gmt":"2020-12-09T07:14:59","slug":"advisory-on-auto-population-of-e-invoice-details-into-form-gstr-1","status":"publish","type":"post","link":"https:\/\/swaritadvisors.com\/learning\/advisory-on-auto-population-of-e-invoice-details-into-form-gstr-1\/","title":{"rendered":"Advisory on Auto-Population of E-Invoice Details into Form GSTR 1"},"content":{"rendered":"\n<p class=\"has-drop-cap\">Recently, GSTN or the Goods and Service Tax Network has released an advisory on the \u201c<strong>Auto-population of E-invoice Details into Form GSTR 1<\/strong>\u201d, dated <strong>30.11.2020<\/strong>. The main agenda of this advisory is to inform all the taxpayers who have been preparing and issuing invoices by generating IRN (Invoice Reference Number) from IRP (Invoice Registration Portal), that the details of such invoices need to be auto-populated in the respective tables of Form GSTR 1.<\/p>\n\n\n\n<p>In this blog, we will discuss the Concept, Applicability, and Benefits of GST E-invoice system, together with the Advisory on Auto-Population of E-Invoice of Invoice Details in Form GSTR-1.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3a4a9a9df55\" class=\"ez-toc-cssicon-toggle-label\"><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><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3a4a9a9df55\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/swaritadvisors.com\/learning\/advisory-on-auto-population-of-e-invoice-details-into-form-gstr-1\/#Concept_of_GST_E-Invoice_System\" title=\"Concept of GST E-Invoice System\">Concept of GST E-Invoice System<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/swaritadvisors.com\/learning\/advisory-on-auto-population-of-e-invoice-details-into-form-gstr-1\/#Applicability_of_GST_E-Invoice_System\" title=\"Applicability of GST E-Invoice System\">Applicability of GST E-Invoice System<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/swaritadvisors.com\/learning\/advisory-on-auto-population-of-e-invoice-details-into-form-gstr-1\/#Benefits_of_GST_E-Invoice_System\" title=\"Benefits of GST E-Invoice System\">Benefits of GST E-Invoice System<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/swaritadvisors.com\/learning\/advisory-on-auto-population-of-e-invoice-details-into-form-gstr-1\/#How_will_the_Details_of_E-invoice_be_Auto-Populated_in_Form_GSTR_1\" title=\"How will the Details of E-invoice be Auto-Populated in Form GSTR 1?\">How will the Details of E-invoice be Auto-Populated in Form GSTR 1?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/swaritadvisors.com\/learning\/advisory-on-auto-population-of-e-invoice-details-into-form-gstr-1\/#GSTR-1_Table_for_Auto-Population_of_E-Invoice_Details\" title=\"GSTR-1 Table for Auto-Population of E-Invoice Details\">GSTR-1 Table for Auto-Population of E-Invoice Details<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/swaritadvisors.com\/learning\/advisory-on-auto-population-of-e-invoice-details-into-form-gstr-1\/#Need_for_Issuing_a_New_Advisory_on_30112020\" title=\"Need for Issuing a New Advisory on 30.11.2020\">Need for Issuing a New Advisory on 30.11.2020<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/swaritadvisors.com\/learning\/advisory-on-auto-population-of-e-invoice-details-into-form-gstr-1\/#Things_to_Remember_Regarding_Auto-Population_of_E-Invoice_Details\" title=\"Things to Remember Regarding Auto-Population of E-Invoice Details \">Things to Remember Regarding Auto-Population of E-Invoice Details <\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/swaritadvisors.com\/learning\/advisory-on-auto-population-of-e-invoice-details-into-form-gstr-1\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Concept_of_GST_E-Invoice_System\"><\/span><strong>Concept of <\/strong>GST <strong>E-Invoice System<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The term \u201cGST E-invoice\u201d means the generation of digital invoice\nregarding the goods and services offered by a business entity. Further, the\nsame can be generated on GST portal. The main reason behind the implementation\nof GST E-invoice system was to reduce the cases of Tax Evasion.<\/p>\n\n\n\n<p>Moreover, it is compulsory for all the business entities that cross the prescribed threshold to generate e-invoices regarding each sale made from the <strong>GST Portal<sup><a href=\"https:\/\/www.gst.gov.in\/\" class=\"text-primary\"><strong><em>[1]<\/em><\/strong><\/a><\/sup><\/strong>. However, it shall be relevant to mention that only the government has the right to set the threshold limit for the businesses regarding the generation of e-invoices.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Applicability_of_GST_E-Invoice_System\"><\/span>Applicability of GST E-Invoice System<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>All the business entities that are\nhaving the annual business turnover of Rs 500 crores or more need to generate\ne-invoice for each sale made. <\/p>\n\n\n\n<p>However, it shall be relevant to state\nthat the generation of E-invoice from GST postal is mandatory for Privileged\nSectors. The term \u201cPrivileged Sectors\u201d includes Insurance Banking Units,\nCinemas, Passenger Transport Services, Goods Transport Dealer, etc.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Benefits_of_GST_E-Invoice_System\"><\/span>Benefits of GST E-Invoice System<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The benefits of the E-invoice system under GST Law are as follows:<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter is-resized\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/swaritadvisors.com\/learning\/wp-content\/uploads\/2020\/12\/Benefits-of-GST-E-Invoice-System.png\" alt=\"Benefits of GST E-Invoice System\" class=\"wp-image-17299\" width=\"688\" height=\"377\" srcset=\"https:\/\/swaritadvisors.com\/learning\/wp-content\/uploads\/2020\/12\/Benefits-of-GST-E-Invoice-System.png 1000w, https:\/\/swaritadvisors.com\/learning\/wp-content\/uploads\/2020\/12\/Benefits-of-GST-E-Invoice-System-300x164.png 300w, https:\/\/swaritadvisors.com\/learning\/wp-content\/uploads\/2020\/12\/Benefits-of-GST-E-Invoice-System-768x420.png 768w\" sizes=\"(max-width: 688px) 100vw, 688px\" \/><\/figure><\/div>\n\n\n\n<ol><li>Provides Simplified Filling of <strong><a href=\"https:\/\/swaritadvisors.com\/gst-return-filing\" class=\"text-primary\">GST Returns<\/a><\/strong> and Compliance;<\/li><li>Offers Precision;<\/li><li>Ensures Lesser Errors of Reconciliation;<\/li><li>Provides Reduction in Price;<\/li><li>Confirms Paperless Documentation; <\/li><li>Delivers Effective Functioning of Capital Performance;<\/li><li>Improves Business Efficiency;<\/li><\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_will_the_Details_of_E-invoice_be_Auto-Populated_in_Form_GSTR_1\"><\/span>How will the Details of E-invoice be Auto-Populated in Form GSTR 1?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>As per the <strong><em>Advisory<\/em><\/strong> issued by GSTN (<strong><a href=\"https:\/\/swaritadvisors.com\/gst-registration\" class=\"text-primary\">Goods and Service Tax<\/a><\/strong>) network on <strong><em>13.11.2020<\/em><\/strong>, the taxpayers need to prepare and issue invoices by generating IRN (Invoice Reference Number) from IRP (Invoice Registration Portal). <\/p>\n\n\n\n<p>After the successful generation of Invoice Reference Number, all the details of such E-invoices will be auto-populated in the tables of Form GSTR 1. Also, the same can be downloaded from the excel file as well.<\/p>\n\n\n\n<p>However, it shall be significant to note\nthat if a taxpayer has already filed Form GSTR 1 for the corresponding period,\nthen the details of such e-invoice will be downloaded from excel file only.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"GSTR-1_Table_for_Auto-Population_of_E-Invoice_Details\"><\/span>GSTR-1 Table for Auto-Population of E-Invoice Details<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<table class=\"wp-block-table\"><tbody><tr><td>\n  <strong>S. No<\/strong>\n  <\/td><td>\n  <strong>Type of Supply<\/strong>\n  <\/td><td>\n  <strong>Auto-Population in GSTR 1 Table<\/strong>\n  <\/td><\/tr><tr><td>\n  1.\n  <\/td><td>\n  Taxable\n  Outward Supplies made to\n  the\n  Registered Persons (other than Reverse Charge Mechanism)\n  <\/td><td>\n  B2B\n  4A &#8211; Supplies made other than the following listed: \n  Those\n  attracting Reverse Charge Mechanism; and Supplies\n  made by way of E-Commerce Operator;\n  \n  <\/td><\/tr><tr><td>\n  2.\n  <\/td><td>\n  Taxable\n  Outward Supplies made to\n  The\n  Registered Persons, which are attracting the Reverse Charge Mechanism\n  <\/td><td>\n  B2B\n  4B &#8211; Supplies that are Attracting Tax on the basis of RCM (Reverse Charge\n  Mechanism)\n  <\/td><\/tr><tr><td>\n  3.\n  <\/td><td>\n  Export\n  Supplies\n  <\/td><td>\n  EXP\n  6A \u2013 Exports made\n  <\/td><\/tr><tr><td>\n  4.\n  <\/td><td>\n  Debit\n  or Credit Notes issued to the Registered Persons\n  <\/td><td>\n  CDNR\n  9B \u2013 Debit or Credit Notes (Registered) \n  <\/td><\/tr><tr><td>\n  5.\n  <\/td><td>\n  Debit\n  or Credit Notes issued to the Unregistered Persons\n  <\/td><td>\n  CDNUR\n  9B \u2013 Debit or Credit Notes (Unregistered) \n  <\/td><\/tr><\/tbody><\/table>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Need_for_Issuing_a_New_Advisory_on_30112020\"><\/span>Need for Issuing a New Advisory on 30.11.2020<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The main reason behind the issuance of new advisory on 30.11.2020 by GSTN (Goods and Service Tax Network) was to inform all the taxpayers who have been preparing and issuing invoices by generating IRN (Invoice Reference Number) from IRP (Invoice Registration Portal), that there will be a delay in the process of auto-population of e-invoice details into Form GSTR 1.<\/p>\n\n\n\n<p>However, as per the advisory issued,\nthere is no need for the taxpayers to wait for the auto-populated data and are\nsuggested to proceed further with the preparation and filing of Form GSTR 1 for\nthe month of October 2020 (in case the taxpayer has not filed the same on the\ndue date) and for November 2020 (before the due date).<\/p>\n\n\n\n<p>Also, the process of auto-population of\ne-invoice for the month of December 2020 will start from the first week of the\nmonth.<\/p>\n\n\n\n<p>Further, the details of the e-invoices\nrelating to the month of October and November 2020 will be made available from\n13.12.2020 onwards. Also, the processing and availability of the complete data\nfor the said months will take around 2 weeks\u2019 time.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Things_to_Remember_Regarding_Auto-Population_of_E-Invoice_Details\"><\/span>Things to Remember Regarding Auto-Population of E-Invoice Details <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The things to remember regarding the\nAuto-Population of E-invoice Details are as follows:<\/p>\n\n\n\n<ol><li>The\nfacility of auto-population of details from GST E-invoices into GSTR 1 is\navailable only with the taxpayer;<\/li><li>After\nthe auto-population of data, the taxpayer needs to verify the accuracy and\nauthenticity of the data filed in each field;<\/li><li>The\ntaxpayer needs to fill in details in accordance with the pertinent legal\nprovisions;<\/li><li>Once\nthe process of auto-population of details into Form GSTR 1 gets started, all the\nconcerned taxpayers are requested to verify and authenticate the documents\navailable in the excel and can share their feedback on GST Self Service Portal\nregarding the aspects as follows: <\/li><li>All\ndocuments reported to Invoice Registration Portal are present in excel;<\/li><li>Status\nof each e-invoice or IRN (Invoice Registration Number) is correct;<\/li><li>All\nthe details of the e-invoices are populated correctly and accurately;<\/li><\/ol>\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>In a nutshell, GST E-invoice signifies the generation of digital invoice concerning the goods and services offered by a business entity. Also, the main objective behind the implementation of GST E-invoice mechanism was to reduce the cases of Tax Evasion.<\/p>\n\n\n\n<p>Further, GSTN has released an advisory on the Auto-population of E-invoice Details into Form GSTR 1 on 30.11.2020. The same was in continuance to the advisory issued by GSTN on 13.11.2020. The main aim behind its issuance was to inform the relevant taxpayers that there will be a delay in the process of auto-population of e-invoice details into Form GSTR 1.<\/p>\n\n\n\n<p>Moreover, for any other details and confusion concerning the advisory releases and the procedure for acquiring GST Registration and Filing of GST Return, reach out to <strong><a class=\"text-primary\" href=\"https:\/\/swaritadvisors.com\/\">Swarit Advisors<\/a><\/strong>.<\/p>\n\n\n\n<p><b>Also, Read:<\/b> <mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/swaritadvisors.com\/learning\/e-invoice-system-under-new-gst-return-its-benefits-and-implementation\/\">E-Invoice System under New GST Return- Its Benefits and Implementation<\/a><\/mark><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Recently, GSTN or the Goods and Service Tax Network has released an advisory on the \u201cAuto-population of E-invoice Details into Form GSTR 1\u201d, dated 30.11.2020. The main agenda of this advisory is to inform all the taxpayers who have been preparing and issuing invoices by generating IRN (Invoice Reference Number) from IRP (Invoice Registration Portal), [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":17300,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3,1],"tags":[1009],"_links":{"self":[{"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/posts\/17298"}],"collection":[{"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/comments?post=17298"}],"version-history":[{"count":11,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/posts\/17298\/revisions"}],"predecessor-version":[{"id":17311,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/posts\/17298\/revisions\/17311"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/media\/17300"}],"wp:attachment":[{"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/media?parent=17298"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/categories?post=17298"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/tags?post=17298"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}