E-invoicing Under GST System from Microvista.

What are e-Invoices?

A structured and standardized system to report all B2B invoices to the GST system has been introduced by the government. This is also known as “E-Invoicing under GST” or “Electronic Invoicing”. This is a system to generate authenticated B2B invoices between the supplier and the buyer. It is a system where invoices are generated digitally in a structured format for B2B transactions and validated by the Goods and Service Tax Network (GSTN).

This has become mandatory for all the companies with a turnover of over Rs.100 crores to switch to E-invoicing system from 1st January 2021. It already became mandatory for companies with a turnover of over Rs. 500+ crores from 31st October 2020. Further, this would become mandatory for all B2B transactions irrespective of company size in the coming 12 to 18 months.

Basically, it’s the invoice that is ‘reported’ on the GSTN Invoice Registration Portal prior to sending to the buyer. The portal then issues an IRN (Invoice Registration Number) along with a QR code that should be printed on the invoice and then sent to the buyer. This way all invoices that are transferred to the GST portal are uniform in structure and makes the whole process of filing GST very easy.

Connect with Microvista for best GST E-Invoicing API solutions.

Benefits of e-Invoicing:

This is very important and significant to understand.

Real time invoicing:

E-invoicing helps to track real time data of invoices generated by the supplier. It also enables the fast availability of Input Tax Credit (ITC). It is also very easy to keep the track of e-invoices byu he supplier and the buyer.

Easy generation of e-way bill:

Taxpayers can just enter the vehicle’s details and then the e-way bill can be created very easily. Details are auto-populated in the part A of the e-way bill from the GST portal for the authenticated invoice.

Standard format:

E-invoices are generated in a standard format which helps in uniform information flow and makes it easy to understand by the stakeholders involved. This makes the whole process of invoicing very simple and interoperable.

Faster access:

E-invoicing helps to access invoices faster and easier.

Reduced data entry error:

All the invoices generated under the e-invoicing system are uploaded on a common portal and are very well authenticated before transferred to the GST portal. This happens in real time. This auto population system reduces the changes of data entry since manual entries are eliminated during GST return filing.

Why get the GST E-Invoicing API from Microvista?

Generate e-invoices very easily without any errors with Microvista’s best quality and enriched GST E-Invoicing API service. We make sure that the data is checked, validated, authenticated, encrypted and transmitted securely to the IRP (Invoice Registration Portal), then the IRN is sent to you in a ‘ready to print’ format. Our provided data includes the IRN and QR code for your easy use.

With our GST E-Invoicing API, you will experience: 

  • Seamless and smooth integration with your existing system/software. 
  • Our GST E-invoicing API is scalable for the future and convenient to use.
  • Our expert team is available to assist you whenever you face any issue.
  • High data security.
  • Direct communication between the supplier and the buyer through a well monitored system.
  • Prompt customer support.
  • Transparency in all our communication.
  • We have a large handling scale in India.   

Get started with GST E-Invoicing with our API:

Microvista’s GST E-Invoicing meets the standard and mandate requirements of GST E-Invoicing. We provide India’s most trusted and the simplest e-invoicing API solution. We would be very happy to share more details with you. Contact us today for the best and enriched e-invoicing API or for the best GST E-Invoicing API in India. Call Our Experts  70167-11841 / 97731 38204 / 079-26460445.

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Get Real Time GST Verification API from Microvista

Microvista’s GST Number Verification API is a one time, quick and hassle free integration

GST API is required to verify your customer’s GSTIN for smooth commercial transactions. It can be used for any small, medium or large scale companies. Microvista’s GST Verification API integrates very quickly with your existing application, website or software and helps you to get the accurate and reliable GST information of your customers/vendors very easily and in a swift manner from the GSTIN server. Now you can confidently take merchants and vendors on board knowing that they are genuine and are active GSTIN holders.

What is the GST Verification API?

GST Verification API is an interface that helps you get the accurate GST details of an individual or a company. These GST details are needed for better financial transactions. Microvista’s GST Verification API helps you to identify the credibility of the GST account.

Why is the GST API needed?

GST Number verification is the need of every business to make sure that your GST has been paid to the correct party. It is very much needed to protect yourself from fake or fraud GST accounts. It assists in extracting your customer’s company details like trade name, legal name, registration date, gstin status, business place details, etc.

  • It gives real time GST information.
  • It’s very reliable.
  • It’s very simple, easy to use and seamless. 
  • Protects you from fraudsters. 
  • Accurately check your traders and vendors.
  • Considerably reduces your time to verify the information of your customers offline.

Contact us today. Call Our Experts  70167-11841 / 97731 38204 / 079-26460445.

Why Microvista’s GST Number Verification API?

The Indian economic world is a fast-developing one, with many hundreds and thousands of companies coming up each year and it is very important to check the best and credible company when you want to do business with them. Microvista’s best GST Verification API helps you all along the way to verify your customer’s GST account and other necessary details.

Microvista Technologies Pvt. Ltd. is a leading premier software company serving the clients globally. We have the best and dedicated IT professionals who are highly inspired, creative and talented. By using our GST API you will experience the best product and best collaboration with our team. We make sure to use the best and latest IT practices and proven expertise to give our clients the best quality of services and products. We, at Microvista, work for our client’s satisfaction and to exceed clients’ expectations. Connect with us. Visit us.

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