GSTN Introduces New Functionality Of E-Invoice Exemption Declaration Functionality For Business Facilitation

Mariya Paliwala

26 July 2023 8:30 PM IST

  • GSTN Introduces New Functionality Of E-Invoice Exemption Declaration Functionality For Business Facilitation

    The Goods and Service Tax Network (GSTN) has introduced the new functionality of e-invoice exemption declaration for business facilitation.The functionality is specifically designed for taxpayers who are by default enabled for e-invoicing but are exempt from implementing it under the CGST (Central Goods and Services Tax) Rules.The e-Invoice Exemption Declaration functionality is voluntary and...

    The Goods and Service Tax Network (GSTN) has introduced the new functionality of e-invoice exemption declaration for business facilitation.

    The functionality is specifically designed for taxpayers who are by default enabled for e-invoicing but are exempt from implementing it under the CGST (Central Goods and Services Tax) Rules.

    The e-Invoice Exemption Declaration functionality is voluntary and can be accessed at the e-Invoice portal.

    The functionality is applicable to taxpayers who are exempt from e-Invoicing as per the provisions of the CGST Rules.

    Any declaration made using this functionality will not change the e-Invoice enablement status of the taxpayer.

    The person has the responsibility to take a decision vis-à-vis exemption with reference to various Notifications issued by the Government and report on the portal.

    The facility to report exemption declarations is purely for business facilitation purposes.

    Advisory Dated: 24/07/2023

    Click Here To Read The Advisory 



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