Demand cut from ₹10,050 to ₹1,310
TaxSavvy for E invoice
E-invoice or e-way bill? Never stop a truck again.
We set up IRN and e-way bills so every dispatch is compliant.
If you wait: Goods without an e-way bill: detention and 200% of tax as penalty (CGST Sec 129)
How we get it done
Four steps, the same for every job. You see each one ticked.
Information
PAN (business and owners). Aadhaar of owners / directors
Discussion
Moving goods?. Turnover above ₹5 crore?
Forms
E-way bill generation. E-invoice IRN
Deliverables
E-way bills / IRN-stamped invoices
See what you get, free
Real formats, made with dummy data.
Sample Sample ₹30,700 leaking every month
Sample Books from your bank statement
13 bank lines, books balanced
Questions, answered the CA way
Facts, Provisions and law, Analysis, Conclusion.
E-Invoice: Threshold ₹5Cr, IRN Generation, QR Code
- Facts
- E-invoicing is now mandatory for businesses above ₹5Cr annual turnover. Every B2B invoice must be registered on the Invoice Registration Portal (IRP), get an IRN (Invoice Reference Number), and display a QR code. An invoice without IRN is not a valid tax invoice, buyer loses ITC.
- Provisions and law
- Rule 48(4); Rule 48(5); CBIC Notification 70/2019; Sec 31; Rule 48(6)
- Analysis
- What is IRN: Invoice Reference Number, a 64-character unique hash generated by the IRP (Invoice Registration Portal) when you upload an invoice in JSON format. IRN is unique to each invoice and is registered with the government in real-time. Think of IRN as the government's "acknowledgement" that this invoice exists. Which invoices need IRN: B2B tax invoices (domestic to GSTIN holder). B2G invoices (to government). Export invoices (even if zero-rated / with or without payment of IGST). Debit notes and credit notes linked to the above. Does NOT apply to: B2C invoices, nil-rated supply invoices, invoices to unregistered persons, delivery challans, input service distributor invoices. IRP portals: Multiple authorised IRP portals: einvoice1.gst.gov.in (government), and several private (Clear, Tally, SAP, etc.). All produce same IRN, choose one.
- Conclusion
- Check your aggregate turnover: if above ₹5Cr in FY 2023-24 or any prior FY, e-invoice is mandatory
- Connect your accounting software (Tally, QuickBooks, Busy, Zoho) to IRP via API or upload
- Or use government portal: einvoice1.gst.gov.in for manual upload of each invoice
- Before issuing any B2B invoice: generate IRN on IRP. Get back: IRN, Ack No, QR code, signed JSON
GST Mandatory Registration: Threshold and Triggers
- Facts
- Registration is the foundation of GST compliance. Miss the threshold, delay beyond 30 days, or supply inter-state without registration, penalty is 100% of tax or ₹10,000. Most small business owners discover the obligation only after a notice.
- Provisions and law
- Sec 22(1); Sec 24; Sec 29(2); Sec 122(1); Rule 8, 9
- Analysis
- Aggregate turnover definition: All taxable + exempt + zero-rated + nil-rated supplies on PAN-India basis. Excludes inward supplies under reverse charge. Includes multiple GSTINs under same PAN. A single person with businesses in Delhi and Mumbai: add both states' turnover for threshold check. Special category states (lower threshold): Manipur, Meghalaya, Mizoram, Nagaland, Tripura, Sikkim, Arunachal Pradesh, Uttarakhand, Himachal Pradesh, J&K: ₹10L for services, ₹20L for goods. Inter-state, no threshold: The moment a supplier makes even ONE inter-state supply, say a Delhi freelancer invoices a client in Mumbai, registration is mandatory regardless of annual turnover. This is the most commonly missed trigger. Selling on Amazon to customers in another state = inter-state.
- Conclusion
- Calculate aggregate turnover for current FY: all supplies across all states, all businesses under same PAN
- Check: any inter-state supply made? (Even one invoice to another state = registration mandatory)
- Check: are you selling on Amazon/Flipkart/Meesho? (E-commerce aggregator = mandatory registration)
- Check: do you purchase from unregistered suppliers above ₹5,000/day? (RCM may apply)
GSTR-1: Outward Supplies Return (Due 11th)
- Facts
- GSTR-1 is the source of truth for the GST system. It feeds your customers' GSTR-2B, which they use to claim ITC. File it wrong or late, your customers lose ITC credit, they call you, you lose the client. Every B2B invoice must be declared invoice-by-invoice.
- Provisions and law
- Sec 37; Rule 59; Sec 37(3); Rule 59(6); Notification 89/2020
- Analysis
- What goes in GSTR-1 table by table: Table 4A: B2B invoices (every invoice to a GSTIN holder, must have buyer's GSTIN, invoice number, date, taxable value, GST amount). Table 5: B2C interstate invoices above ₹2.5L (state-wise). Table 6: Exports, type of export, shipping bill number if zero-rated. Table 7: B2C supplies (domestic, below ₹2.5L interstate or any intrastate). Table 8: Nil-rated/exempt/non-GST supplies. Table 9/10: Amendments to previous months' invoices. Table 11: Advances received. HSN summary (Table 12): If turnover above ₹5Cr: 6-digit HSN mandatory. ₹1.5Cr to ₹5Cr: 4-digit HSN. Below ₹1.5Cr: 2-digit HSN. From FY 2021-22: all B2B invoices must carry HSN/SAC code. Wrong HSN = input GSTR-2B data for buyer is wrong → buyer's ITC is blocked. Why GSTR-1 accuracy matters for your client: Every B2B invoice you declare in GSTR-1 flows into your buyer's GSTR-2B automatically.
- Conclusion
- Compile all outward invoices for the month: B2B (with buyer GSTIN), B2C, exports, debit/credit notes
- Verify every B2B invoice has: correct buyer GSTIN, correct invoice number/date, correct HSN/SAC, correct tax amount
- Check: any amendments needed to previous months' invoices? Declare in Table 9/10
- Check: any exports in the month? Attach shipping bill number and Bill of Lading details
Who Must Pay Advance Tax
- Facts
- Advance tax is pay-as-you-earn for non-salaried income. Missing it costs 1% per month in interest. Most freelancers, investors, and business owners are unaware until they face a ₹20,000 to 80,000 interest bill at filing.
- Provisions and law
- Sec 207; Sec 208; Sec 209; Sec 424 (old 234B); Sec 425 (old 234C)
- Analysis
- Who is exempt: Senior citizens (60+ years) with NO business income are fully exempt from advance tax. Their entire liability is paid as self-assessment tax at filing. Important: senior citizen with rental income from property + business = NOT exempt. Salaried with only salary income: Employer deducts TDS monthly. If estimated TDS equals full liability, no advance tax needed. But if you have FD interest, MF dividends, or freelance income on the side, check if advance tax applies. Presumptive taxpayers (Sec 58, Income-tax Act 2025, old Sec 44AD/44ADA): Pay entire advance tax in ONE instalment by March 15. Skip quarterly, just one payment by March 15. LTCG/STCG, special rule: Capital gains arising after March 15, pay entire tax by March 31, no Sec 425 (old Sec 234C) interest. Capital gains arising in Q3? Pay tax in Q4 instalment, not retrospectively in Q3.
- Conclusion
- Estimate total income from all sources for the financial year (April to March)
- Reduce standard deduction (₹75K salaried) and all eligible deductions (Sec 123, 126 (old Sec 80C, 80D), etc.)
- Compute tax on estimated taxable income using applicable regime and slabs
- Deduct expected TDS for the year from this tax figure
E-invoice or e-way bill? Never stop a truck again.
A Chartered Accountant handles it. Fixed price, told before you pay.
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