Categories: Others

Time Limit Imposed for Invoice Reporting on IRP Portal

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.

Rajput Jain & Associates

Rajput Jain & Associates is a Chartered Accountants firm, with it's headquarter situated at New Delhi (the capital of India). The firm has been set up by a group of young, enthusiastic, highly skilled and motivated professionals who have taken experience from top consulting firms and are extensively experienced in their chosen fields has providing a wide array of Accounting, Auditing, Taxation, Assurance and Business advisory services to various clients and their stakeholders. Rajput jain & Associates, a professional firm, offers its clients a full range of services, To serve better and to bring bucket of services under one roof, the firm has merged with it various Chartered Accountancy firms pioneer in diversified fields. We have associates all over India in big cities. All our offices are well equipped with latest technological support with updated reference materials. We have a large team of professionals other than our Core Team members to meet the requirements of our prospective clients including the existing ones. However, considering our commitment towards high quality services to our clients, our team keeps on growing with more and more associates having strong professional background with good exposure in the related areas of responsibility.

Recent Posts

Can Employer Restrict their PF contribution to 1,800/Month

EPF Scheme 2026: Can Employers Suddenly Restrict PF Contributions to INR 1,800? A question is currently circulating across HR departments,… Read More

15 hours ago

Can Employer introduce New Rules After Standing Orders

Can an Employer Introduce New Rules After Standing Orders Come Into Force? Many employers believe that once an organization grows,… Read More

16 hours ago

High Court : When GST Fraud Notices Can Be Issued U/s 74

Madras High Court on GST Fraud Notices under Section 74 – Key Takeaways The Madras High Court, in Fastenex Private… Read More

2 days ago

ITR Filing AY 2026-27: Eligibility, Document required

ITR Filing AY 2026-27: Eligibility, Documents Required, Due Dates & Penalties for Non-Filing Who Must File ITR for Assessment Year… Read More

3 days ago

New Reporting field in Schedule Exempt Income for AY 2026-27

Tax Dept introduced a new reporting field in Schedule Exempt Income for AY 2026-27  The Income Tax Department has introduced… Read More

3 days ago

DPDP Act, 2023: Compliance Guide, Requirements & Penalties

Digital Personal Data Protection (DPDP) Act, 2023: Complete Compliance Guide, Requirements, Penalties & Implementation Framework The Digital Personal Data Protection… Read More

3 days ago
Call Us Enquire Now