🚩GSTN Launches New e-Invoice Exemption Declaration Functionality ✅The Goods and Services Tax Network (GSTN) has launched a new e-Invoice Exemption Declaration functionality on its e-Invoice portal.

✅This functionality is designed to help taxpayers who are by default enabled for e-invoicing but are exempted from implementing it under the CGST (Central Goods and Services Tax) Rules.

✅The e-Invoice Exemption Declaration functionality is voluntary and can be accessed by taxpayers on the e-Invoice portal. Once a taxpayer has declared their exemption, they will no longer be required to generate or upload e-invoices for their exempted supplies.

✅This new functionality is a welcome relief for taxpayers who are currently required to generate and upload e-invoices for their exempted supplies. It will save businesses time and money, and it will help to ensure compliance with GST regulations.

✅If you are a taxpayer who is exempted from e-invoicing, I encourage you to use the new e-Invoice Exemption Declaration functionality. It is a simple and effective way to save time and money, and it will help you to stay compliant with GST regulations.