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Updated Advisory: Time limit for Reporting Invoices on the IRP Portal

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..... Updated Advisory: Time limit for Reporting Invoices on the IRP Portal
GST
Dated:- 14-4-2023

Dear Taxpayers, 1. It is to inform you that it has been decided by the Government to impose a .....

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..... time limit on reporting old invoices on the e-invoice IRP portals for taxpayers with AATO greater than or equal to 100 crores. 2. To ensure timely compliance, taxpayers in this category will not be .....

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..... allowed to report invoices older than 7 days on the date of reporting. 3. Please note that this restriction will apply to the all document types for which IRN is to be generated. Thus, once issued, t .....

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..... he credit / Debit note will also have to be reported within 7 days of issue. 4. For example, if an invoice has a date of April 1, 2023, it cannot be reported after April 8, 2023. The validation syste .....

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..... m built into the invoice registration portal will disallow the user from reporting the invoice after the 7-day window. Hence, it is essential for taxpayers to ensure that they report the invoice withi .....

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..... n the 7-day window provided by the new time limit. 5. It is further to clarify that there will be no such reporting restriction on taxpayers with AATO less than 100 crores, as of now. 6. In order to .....

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..... provide sufficient time for taxpayers to comply with this requirement, which may require changes to your systems, we propose to implement it from 01.05.2023 onwards. Thank You, Team GSTN
News - .....

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..... Press release - PIB .....

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