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What is the Process of Nepal Inland Revenue Department in Marg Books ?

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Overview of Nepal IRD Setup in Marg Books

Process to Configure Nepal IRD Setup in Marg Books

Overview of Nepal IRD Setup in Marg Books

The central government tax authority of Nepal responsible for overseeing tax registration, filing, and digital invoice reporting. The IRD Setup in Marg Books is a configuration feature that allows businesses in Nepal to generate, manage, and upload sales invoices directly to the IRD Portal. It is designed to ensure compliance with the Nepal Government’s e-invoicing system, which requires certain businesses to report sales digitally.

Purpose: Why Use IRD Setup?

  • To comply with IRD rules for digital invoicing

  • To enable auto-upload of invoices to the IRD portal

  • To avoid penalties for non-compliance

  • To simplify the reporting process for VAT/PAN registered businesses

Who Should Use It?

Businesses in Nepal that meet any of the following criteria:

Type Description
VAT Registered Must report invoices digitally to IRD
PAN Registered Required to follow certain IRD billing standards
Above Turnover Limit Businesses with turnover exceeding NPR 5 million (as per IRD rules)
Mandated Industries E.g., electronics, medicine, FMCG, wholesalers, retailers, manufacturers
Importers/Distributors Dealing in large volumes or regulated goods

 

Key Features & Benefits in Marg Books

Feature Benefit
Auto Upload Bills Uploads each bill to IRD portal instantly or as per user setting
Manual or Prompt Upload Choose between 'Always', 'Ask', or 'Manual' options
Error-Free Filing System-generated bills reduce manual mistakes
Audit-Ready   Maintains digital records for easy audits
Saves Time  No need for separate IRD software or manual data entry
Compliance Assurance Helps avoid legal penalties or rejection of tax credits

 

Process to Configure Nepal IRD Setup in Marg Books

  • Firstly, click on 'Settings' icon.

  • In 'Control Room' option, the user will click on 'Configure' button.

  • The user will search 'IRD'.

  • In 'IRD Setup' option, the user will select 'Yes'.

  • Click on 'Configure' button.

  • In 'Username & Password' option, the user will enter their 'IRD portal login credenetials'.

  • In 'Sync to IRD' option, the user will select 'Always' for after every bill auto upload to ird portal otherwise select 'Ask' so after every bill it will ask whether to ipload it or not.
  • Suppose select 'Ask'.

  • Click on 'Save' button.

  • An 'IRD Updated Successfully' pop up will appear. Then, Press 'ESC' key 

  • Select ‘Yes’ to save the changes.

  • Click on 'OK' button.

  • Now, suppose the user has created a sale bill by adding the item quantity and item rate as per the requirement.

  • Click on 'Save' button..

  • Click on 'Yes' button to upload data on IRD Portal.

  • Therefore, the bill will be uploaded to the IRD portal, and the rest of the details can be verified directly on the IRD portal: https://cbapi.ird.gov.np

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