E-invoicing, or electronic invoicing, is a system introduced by the GST Council of India for the electronic authentication of B2B invoices. Under this system, invoices are generated in a standardised format and reported to the Invoice Registration Portal (IRP), which validates them and issues a Unique Invoice Reference Number (IRN) along with a QR code.<\/p>\n
It ensures real-time reporting, reduces errors, and makes GST compliance more efficient. Contrary to popular belief, e-invoices are not created directly on the GST portal \u2014 instead, they are generated using a company\u2019s accounting or ERP software integrated with the IRP.<\/p>\n