Q10 · UPSC current affairs · 12 October 2026 · News · GST e-Invoicing Services Imports Unregistered Companies

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What is the primary function of the Invoice Registration Portal (IRP) in the context of GST e-invoicing?

A To disburse Input Tax Credit directly to retail consumers.
B To upload B2B invoice details and generate Invoice Reference Numbers (IRNs).
C To collect direct income taxes from unregistered foreign companies.
D To audit annual financial statements of public sector enterprises.

Correct answer: (b) To upload B2B invoice details and generate Invoice Reference Numbers (IRNs).

Explanation

Option B is correct because the IRP is the official online platform used to upload B2B invoice details for verification and digital signature, generating IRNs. The other options describe unrelated fiscal administrative tasks.

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