GSTN Issues Advisory on Time Limit for Reporting Invoices on the IRP Portal
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- By Chetan Kulasri
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- Last Updated on 14 April, 2023
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GSTN Update dated April 12th, 2023
The GSTN has issued advisory to inform that a time limit is imposed on reporting old invoices on the e-invoice IRP portals for taxpayers with AATO greater than or equal to 100 crores. It is stated that to ensure timely compliance, the taxpayers in this category will not be allowed to report invoices older than 7 days on the date of reporting.
For example, if an invoice has a date of April 1st, 2023, it cannot be reported after April 8th, 2023. However, this restriction will only apply to the document type invoice, and there will be no time restriction on reporting debit/credit notes.
Moreover, this change would be implemented from May 1st, 2023 onwards in order to provide sufficient time for taxpayers to comply with this requirement.
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