GST and E-Invoice Compliance

Purpose

Learn how Goods and Services Tax (GST) and E-Invoicing are automated in IndustryX Suite ERP: computing forward and reverse charge taxes (CGST, SGST, IGST), tracking Input Tax Credit (ITC), generating statutory return extracts, and reconciling with government portal records.

Instructions

1. Navigate to GST Module Overview from the main navigation menu.
2. Review the 7-stage GST Process Flow: Transaction Recording, Tax Calculation, Input Tax Credit (ITC), Output Tax Liability, Set-Off, Return Filing, and Reconciliation.
3. Select GST Reports to view outward taxable supplies for GSTR-1 reporting.
4. Select GST Purchase Reports to inspect eligible and ineligible Input Tax Credit (ITC).
5. Navigate to HSN to verify active chapter rates, statutory exemptions, and notification rules.
6. Use GST Validation to perform syntax and checksum audits on customer and vendor GSTIN identifiers before transaction posting.
7. For B2B sales invoices exceeding statutory turnover limits, inspect the generated E-Invoice IRN (Invoice Reference Number) and signed QR code payload.

Expected result

Accurate computation of GST liabilities and credits, compliant statutory return filings (GSTR-1, GSTR-3B), and validated e-invoice credentials without manual tax adjustment.

Downstream effects

GST computations update financial general ledger tax accounts and feed monthly return reconciliations with government portals.

Related guides

Continue to 56000: Review an Accounting Posting or view 54000 with screenshots.