India’s Best e-Invoicing Software to Simplify Your GST e-Invoicing

e-Invoicing Mandatory for Business With ₹ 10 Crore Turnover From 1st October 2022.

icon Fastest Invoice Reference No. (IRN) generation

icon Seamless ERP Integration across all ERP’s

icon Easy Back-up & Recover e-Invoice data

icon Advanced Data Validation

icon Upload e-Invoice directly

icon Auto Eway Bill Generation

icon Zero downtime, uninterrupted e-Invoicing

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e-Invoicing Under GST Now Easy With Marg ERP

After The Implementation Of E-Invoicing For Firms With A 500Cr, 100Cr, & 50 Cr Turnover, It's Now Over Rs.20 Crore and Soon, It Will Be Reduced To Rs.5 Cr from 1-10-2022 Marg ERP is an e-Invoicing Ready and GST Compliant Software that helps to overcome the e-invoicing hurdles & fulfills the e-invoicing requirements.

How Marg Simplifies Your e-Invoicing?

Marg e-invoicing software is the most advanced inventory accounting software that allows the users to generate professional e-invoices in a standard format that can be easily auto-populated in GSTR 1 during the GST return filing process. Marg e-invoicing software is the most user-friendly & affordable software that is available to start your business with. Since Marg electronic invoicing software allows all advanced features it will reduce errors, save time & effort so that you can focus on building your business.


Features That Made Your e-invoicing Process Smart and Simple

Upload e-Invoice directly

Upload e-Invoice directly

Directly upload multiple invoices to IRP through GSTN portal without visiting any other sources & instantly file GST returns

Auto- Reconciliation

Auto- Reconciliation

Upload B2B transaction invoices on GSTN portal electronically & the details will get auto-populated in GST ANX-1 and GST ANX-2

Advance Data Validation

Advance Data Validation

Marg ERP automatically validates your data to identify errors, violations, incorrect entries & missing mandatory fields to ensure 100% compliance of legal accuracy

Generation of QR Code

Generation of QR Code

Generate QR Code to provide information about a particular invoice in a quick manner, without retrieving from any external sources

Eway Bill Generation

Eway Bill Generation

Generate & directly upload Single/ Bulk E-way bill with JSON File on the portal & reconcile automatically

Track e-Invoices

Track e-Invoices

Generate, print and track e-Invoicing in real-time as per the proposed format. Get end-to-end assistance for filing GST returns


What is e-Invoicing ?

Electronic invoicing, or e-Invoicing in India, is a system for creating invoices in which invoices generated by one software can be accessed by other software, hence reducing the need for new data entry or errors. In simpler terms, it is an invoice prepared using a standard format in which the electronic information of the invoice can be shared with others, ultimately ensuring information compatibility.

Electronic Invoicing refers to a system in which Business-to-Business (B2B) invoices, Export invoices, and Credit/Debit Notes are electronically certified by GSTN for use on the common GST site. An e-invoice verifies transactions and assigns a unique identifier (Invoice Registration Number or IRN) to each invoice, which is subsequently handled by GSTN's Invoice registration site (IRP).

E-invoicing is the new method of making invoices and will undoubtedly be the future of billing. E-invoicing was adopted for a variety of reasons and is a superior approach to PDF or conventional papers. E-invoicing is only possible with specialised software. Marg ERP is a remarkable e-invoicing software with the most recent features and upgrades.

The invoicing software of the seller generates an electronic invoice in a structured format with encrypted data in XML or EDI. Alternatively, the format is prepared in web-based forms and distributed to both the vendor and the buyer.

As On Date, E-Invoice Is Mandatory For Businesses With An Annual Turnover Of Over Rs.20 Crores. Revenue Secretary Tarun Bajaj said in an interview that initially only businesses with yearly revenue of Rs. 500 crore were eligible to use electronic invoicing. However, this number was reduced to Rs. 100 crore and Rs. 20 crore, It is now intended to be reduced to Rs. 10 crore initially, and thereafter to Rs. 10 crore.

According to tax officials, e-invoices have a number of benefits, including :

  • Auto-reporting of invoices into GST returns and auto-generation of e-way bills.
  • It will eliminate mismatch mistakes, e-Invoice resolves and plugs a critical gap in data reconciliation under GST.
  • E-invoice allows for real-time tracking of invoices prepared by the supplier.
  • Standardization and interoperability will be facilitated by e-invoicing, resulting in fewer conflicts between transacting parties, shorter payment cycles, lower processing costs, and increased overall corporate efficiency.

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Start e-Invoicing in Three Easy Steps

Step

1

Login to Software

Go to Misc GSTR Login Credentials Tab

Step

2

Add Credentials

Add your GST Portal Login Credentials & Save

Step

3

Upload e-Invoices

Upload e-Invoices to Invoice Registration Portal (IRP)

Benefits of e-Invoicing

Create, print, cancel, manage Fast & Automatic Process

Creating and sending electronic invoices is quick and simple with Marg. Creating e-invoices takes a few clicks. This not only helps save time but also offers the possibility of receiving payment from clients more quickly when it is shared to them. The buyer doesn't have to keep reminding the customer to pay.

Create, print, cancel, manage Auto-Population in GST Return filing /E-way Bill Generation

With Marg e-invoicing software the process of e-way bill generation is very simple. The taxpayer has to only add the vehicle details in the Part A of the e-way bill & get an auto-populated e-invoice generated from the system which gets easily authenticated at the GST portal.

Create, print, cancel, manage Can be archived for using later during Audits

Helps in Tax Calculation /Reduces Tax Evasion Real-time access to data eliminates the scope of manipulation, hence tax is calculated in real-time. Scope of fake GST invoices etc is not there as the input tax credit & output tax details are auto-filled.

Create, print, cancel, manage Cost-Effective

Unlike other electronic invoicing systems available in the market, Marg e-invoicing software is extremely cost-efficient. Specially designed for small & medium-sized businesses the pricing starts from just Rs. 999 per month.

Create, print, cancel, manage Real-Time Tracking of eInvoices

Marg e-invoicing software allows the tracking of invoices in real-time prepared by the supplier on Marg ERP 9+. This permits the faster availability of input tax credit (ITC).

Create, print, cancel, manage Electronically Validated Invoices of Credit/Debit Note

Easy Reporting of B2B Invoices Under the system of e-invoicing the taxpayer needs to report the e-invoices only once. It is then authenticated by the Invoice Registration Portal (IRP). After validation of the e-invoice, a unique Invoice Reference Number is generated & the details are auto-populated with Marg e-invoicing software in GSTR1.

Create, print, cancel, manage Identify Fake Invoices

With e-Invoicing, the chances of errors and mistakes decrease resulting in the reduction of tax evasion and eliminate the generation of fake invoices.

Create, print, cancel, manage Get Input Tax Credit

Better Customer Service Apart from the basic e-invoicing benefits Marg electronic invoicing software offers better customer service with handholding training & real-time assistance in the generation of e-invoices.

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Frequently Asked Questions


In latest amendments by the Government, e-Invoicing will be mandatory for taxpayers and businesses involved in B2B and B2G transactions, with turn over of Rs. 20 crores or above from 1, April 2022.
The government GST portal has released two e-Invoice templates. However, you can use any template that follows the prescribed e‑Invoice schema, standard, and format. With Marg E-Invoicing software you can customize the templates with your logo, choose a colour scheme, and personalize your invoices to represent your brand.
  • e-Invoicing helps you with data reconciliation and accuracy.
  • You can track the e-Invoices in real-time.
  • It will make the tax return process easy by auto-populating e-Invoice details on tax return forms and e-way bills.
  • All transaction details will be available online at all times. This would eliminate the need for frequent audits and surveys.
  • Differences in data can be caught by comparing input credit and output tax.
  • This initiative will also help tax administration in identifying fake invoices.
Based on the latest system, the IRP will validate and digitally sign the e-Invoice. It will then generate a unique Invoice Reference Number (IRN) and a QR code before the taxpayer gets it back. An acknowledgement will also be received by the customer.

Go To Steps

Yes, the e-Invoice schema has a field for accepting digital signature. So, if the taxpayer signs the e-Invoice & send it to the Invoice Registration Portal (IRP), they will accept it.
e‑Invoicing facility is available for free with Marg ERP in all plans.
Yes, you can directly upload e-Invoices for GST return filing from Marg ERP software. You don’t need to visit GST portal to file returns.
Electronic invoicing or e-Invoicing is a process of generating invoices, under which invoices created by one software can be accessed by other software & directly uploaded on the GST portal for validation.
‘e-Invoicing’ or ‘electronic invoicing’ is a process in which B2B Invoices are authenticated electronically by GSTN for further use on the common GST portal. Under the electronic invoicing system, an identification number will be issued against every invoice by the Invoice Registration Portal (IRP) to be managed by the GST Network(GSTN). Read More on e-Invoicing Under GST

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Yes, e-Invoicing is mandatory for businesses with an annual turnover of Rs. 100 crore or above. From 1st April it may be mandatory for all businesses as per the latest government amendment.
The generation of these systematic invoices will be done by the taxpayer. While generating the invoices, he/she has to report it to the GST Invoice Registration Portal (IRP). Then the portal will generate a unique invoice reference number & adds the digital signature along with the QR code on to the e-Invoice. After all this process the e-Invoice will be returned to the taxpayer by the portal. IRP will also send a copy of the signed invoice to the registered email-id of the seller. Read articles How to create e-Invoice on Marg Software?

How to create e-Invoice on Marg Software?

No, it is not mandatory for B2C
Once the e-Invoice is created, the portal will generate a unique invoice reference number & adds the digital signature along with the QR code on to the e-Invoice. The QR code contains all the required details of the e-Invoice.
The portal will generate a unique invoice reference number & adds the digital signature along with the QR code on to the e-Invoice.
No, anyone cannot create an e-Invoice. You need to have a registered limited company to create e-Invoice.
So, if you are a vendor, you would send an e-Invoice after a service has been completed and money is received, and then you would send a receipt after you receive the payment from the e-Invoice.
No, it is mandatory to add GST details to the e-Invoice.
The invoice is digitally signed by the IRP after validation. It is not mandatory for the supplier to sign the invoice again.
No, it is an option as the IRN is embedded in the QR code. You may or may not print the IRN number on the e-Invoice.
No, once an e-invoice is cancelled, it can’t be used again. If it generates/ used again, the IRP will reject it.
An e-Invoice cannot be partially cancelled; it can only be cancelled fully. It is mandatory to report the cancelled e-Invoice to the IRN within 24 hours. Cancellation after 24 hours cannot be done through the IRN; it needs to be then done manually on the GST portal before filing the return.
Yes, you can easily upload bulk e-Invoice from the portal. Go to e-Invoice > Bulk upload. Click on 'Choose file'. Select the JSON file generated earlier and click on upload
No, as per the Government rule, GST portal doesn’t allow the generation of e-Invoices. It only allows uploading already generated e-Invoice from accounting software.
The below documents need to be reported to the Invoice Registration Portal
  • Invoices by the supplier
  • Credit Notes by the supplier
  • Debit Notes by the supplier
  • Any other document as required by law
Yes, it is mandatory for export transactions also.
Below are the main benefits of e-Invoicing:
  • One-time reporting of B2B invoices at the time of generation
  • The majority of the information in structure GSTR-1 can be saved prepared for documenting
  • E-way bills can likewise be created effectively utilizing e-Invoice data.
  • There is no need to reconcile the books and GST returns filed.
  • Invoices can be tracked in real-time by the supplier
  • Better administration and automation of the tax filing process.
  • Less fraudulent invoices.
Editing the e-Invoice on the portal is not allowed. You can only edit the e-Invoice at the time of generation. You can cancel the e-Invoice on the portal within 24 hr & upload the corrected one.
Follow the steps below:
  • Go to Menu and select 'Change to multiple E-way bill' options.
  • Enter E-way bill number for which multiple vehicle details is required and click 'Go'.
  • Create a group to enter details of transportation- destination and select mode whether is by road, rail, air or ship
  • Proceed
No, only 1 IRN should be generated for single e-Invoice in the same financial year. If more than one IRN is generated, the portal will reject such e-Invoices.
You can upload the JSON to the e-Invoice system to easily check the authenticity of an e-Invoice, by selecting the ‘Verify Signed Invoice’ under Search option. You can also download the QR code verify app to verify the QR code printed on the invoice.
Yes, the IRP will push the data to the GST portal and the data will be populated in GSTR-1* of the seller.
Maximum 100 lines are allowed per e-Invoice.
All businesses/ taxpayer who are liable to pay GST have to generate e-Invoice using the same schema laid by the GSTN. The format has mandatory & non-mandatory fields. All taxpayers need to fill the mandatory fields & non-mandatory fields are used as per the requirements.
Yes, but vendor needs to properly specify which QR code represents which e-Invoice
Yes, the parameter for Transporter ID will be created in e-Invoice and Part A of EWB will be auto-populated from the e-Invoice itself.
Yes, as per the government notification there is a time limit for uploading e-Invoices. Without registration of IRP, the e-Invoices will not be valid. Once IRP is generated, e-Invoices will be uploaded immediately & instantly reflect on the portal.
This is the technical part which will consist of the field name along with the description of each field. It also specifies the mandatory fields and has a few sample values along with explanatory notes.
The e-invoicing system applies to GST-registered individuals with an annual revenue of more than Rs. 50 crore. It will apply to those with a turnover of more than Rs. 20 crore starting on April 1, 2022. Additionally, you should be aware that starting in 2017–18, you must use electronic invoicing if your revenue exceeds Rs 20 crore in any fiscal year. Therefore, you must begin sending e-invoices if your turnover increased from less than Rs 20 crore last year to more than Rs 20 crore this year. Exceptions include Special Economic Zones (SEZ) units, insurance, banking, financial institutions, NBFCs, GTA, passenger transportation services, and the sale of cinema tickets. The Special Economic Zones (SEZ) units, insurance, banking, financial institutions, NBFCs, the Greater Toronto Area (GTA), passenger transportation service, and the sale of cinema tickets are exceptions.
IRN stands for "Invoice Reference Number," and it is a one-of-a-kind invoice number that is produced by the Invoice Register Portal (IRP) when electronic invoices are uploaded.

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Read Our Latest Blogs on e-Invoicing


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e-Invoicing Eligibility

E-invoicing is mandatory for taxpayers with a turnover greater than INR 500 crores in a financial year with effect from 1 October 2020....

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E-Invoice Registration on IRP

As we already know, a taxpayer will have to create the invoices on his own accounting/ERP software and will have need to upload the same on the IRP...

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Top Benefits of E-Invoicing Software.

Apart from the basic e-invoicing benefits Marg electronic invoicing software offers better customer service....

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GST E-Invoice Format

The e-invoicing system was implemented from October 1, 2020 and the latest e-invoice format was introduced by the CBIC...

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