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Time Limit Imposed for Invoice Reporting on IRP Portal

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Time Limit Imposed for Invoice Reporting on IRP Portal

The Government has imposed a time limit on reporting of old invoices on the IRP portal. This applies to individuals who have an Aggregate Annual Turnover equal to or exceeding 100 crores. Such taxpayers will not be allowed to report invoices that have exceeded 7 days on the date of reporting.

For instance, if an invoice was generated on April 12, 2023, you will no longer be able to report it after April 19, 2023 (after 7 days).

Other Important Details to Consider:

1.The time limit has been imposed only on E-Invoice. Reporting Debit/Credit notes shall remain unaffected.

2. For now, this time limit restriction does not apply to taxpayers with AATO less than 100 crores.

3. The time limit restriction shall become effective from May 1, 2023.

Tags: GST E-InvoiceGSTN given guidelines on the facility available at portal for the GST Registration of IRPsIntroduction of IRP on GST e-invoicing

3 years ago

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