Around 641 lakh e-way bills were generated during October, 2020, highest in a month during two and half years of journey of e-way bill system.
Starting with 8.4 lakh e-invoices on 1st October, 2020, the usage has gradually picked up and 31st October, 2020 saw generation of as many as 35 lakh e-invoices on a single day. This coupled with generation of 641lLakh e-way bills during the month of October, 2020, (by far the highest in a month during two and half years of journey of e-way bill system), establishes the robustness of the system.
As per the feedback received from the taxpayers, the response of the system is good and generation of IRNs is hassle-free. Proactive communication by the NIC Help desk with taxpayers has helped them in fine tuning their systems to reduce the errors.
Currently, there are three modes of generation of IRN in the NIC system. First is the direct API interface of the ERP system of taxpayers with the NIC system. Second is the API interface of the ERP system of the taxpayer through GSP with the NIC system. Third is using the offline tool for bulk uploading of invoices and generating IRNs. Around 15% of the taxpayers are using the offline tool for the IRN generations and 85% are integrating through API.
The Government is planning to reduce the aggregate turnover cut off to Rs. 100 crore for generation of IRN by the taxpayers in coming days. NIC has already enabled the API and offline tool based trial sites for these taxpayers and geared up with the required infrastructure to handle the generation of e-invoices from these taxpayers.
Keeping requirements of small taxpayers in view, who need to prepare 5-10 B2B invoices in a day, NIC is also developing an offline Excel based IRN preparation and IRN printing tool which will allow them to enter the invoice details, prepare the file to upload on NIC IRN portal, download the IRN with QR code and print the e-invoice with QR code.