Complete Guide to E-Invoicing for MP & CG Businesses

MP और छत्तीसगढ़ के व्यापारियों के लिए E-Invoicing गाइड

8 min read
12 February 2024
HCS

Reviewed by HCS Expert Team

Updated on 12 February 2024

E-Invoicing: It's Simpler Than You Think

Many businesses in Singrauli, Rewa, and Bilaspur panic when they hear "E-Invoicing". They think it requires a complex portal setup. The truth? With Tally Prime, it takes less than 2 seconds.

Current Applicability (2024)

As of now, E-Invoicing is mandatory for businesses with an aggregate annual turnover of ₹5 Crores and above in any preceding financial year since 2017-18.

Why It Matters for MP/CG Transporters & Traders

In our region (Energy Belt), goods movement is heavy.
  • Faster Movement: E-Invoiced goods face fewer checks at state borders.
  • Auto E-Way Bill: Generating an IRN (Invoice Reference Number) can automatically generate your E-Way Bill. No double work!
  • Buyer ITC: Your buyers get their Input Tax Credit faster, making you a preferred vendor.
  • How to Enable in Tally Prime

  • 1. Register: One-time registration on the government E-Invoice portal.
  • 2. Select GSP: Choose 'Tally India Pvt Ltd' as your GSP (GST Suvidha Provider).
  • 3. Tally Setup: In Tally (F11), enable "E-Invoicing applicable" and enter the date.
  • 4. Go: When you save a voucher, Tally asks "Do you want to generate E-Invoice?". Press Yes. Done!
  • Need help with registration? HCS support team can guide you through the portal registration process for free.

    Frequently Asked Questions

    Is E-Invoice needed for B2C sales?
    No. E-Invoicing is currently mandatory only for B2B (Business to Business) and Export transactions.
    What happens if I don't generate E-Invoice?
    Your invoice is considered invalid under GST rules. Your buyer cannot claim ITC, and you may face penalties.
    Can I cancel an E-Invoice?
    Yes, within 24 hours of generation. After that, you have to issue a credit note.