E-Invoicing under GST E-Invoicing system under GST will be implemented from 1st October 2020 for taxpayers with more than Rs 500 crore of aggregate turnover in 2019-20. The latest format of e-invoice schema was notified on 30th July 2020. The GST Council had earlier approved the introduction of e-invoicing from 1st January, 2020 on a voluntary basis, for reporting of business to business (B2B) invoices. The GST Council had approved the standard to be used for the e-Invoice in its 37th meeting that was held on the 20th of September, 2019 in Goa. The article covers various FAQs on the e-Invoicing system under GST. 1. What is e-Invoicing? Electronic invoicing or e-Invoicing is a system of raising invoices, under which invoices generated by one software can be read by any other software, eliminating the need for any fresh data entry or errors. In simpler words, it is an invoice generated using a standardized format, where the elec...