E-Invoice Exemption Declaration Functionality Now Available

• GSTN (Goods and Services Tax Network) has introduced the e-Invoice Exemption Declaration functionality on the e-Invoice portal.
• This feature is intended for taxpayers who are required to implement e-invoicing but are exempted from doing so as per the provisions of the CGST Rules.
• The e-Invoice Exemption Declaration is a voluntary process and can be accessed through the e-Invoice portal at www.einvoice.gst.gov.in.
• Using this functionality, taxpayers can declare their exemption status without affecting their e-Invoice enablement status.
• The responsibility of deciding whether the taxpayer qualifies for exemption based on various Government-issued Notifications lies with the taxpayer.
• The facility to report the exemption declaration is provided solely for the purpose of business facilitation.

Goods & Services Tax (GST) | News and Updates

This Article is only a knowledge-sharing initiative and is based on the Relevant Provisions as applicable and as per the information existing at the time of the preparation. In no event RMPS & Co. or the Author or any other persons be liable for any direct and indirect result from this Article or any inadvertent omission of the provisions, update etc. if any.

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