Updated Advisory by GSTN on Time Limit for Reporting Invoices on the IRP Portal
- News|Blog|GST & Customs|
- < 1 minute
- By Taxmann
- |
- Last Updated on 16 April, 2023
Latest from Taxmann
GSTN Update Dated April 13th, 2023
The GSTN has issued updated advisory to inform that a time limit is imposed on reporting documents on the e-invoice IRP portals for taxpayers with Aggregate Annual Turnover (AATO) greater than or equal to 100 crores. To ensure timely compliance, the taxpayers in this category will not be allowed to report documents older than 7 days on the date of reporting.
Earlier, it was mentioned that there will be no time restriction on reporting debit/credit notes. However, in this updated advisory, it is specifically mentioned that this restriction will apply to the all document types for which IRN is to be generated. It is also clarified that there will be no such reporting restriction on taxpayers with AATO less than 100 crores, as of now.
Click Here To Read The Full Update
Disclaimer: The content/information published on the website is only for general information of the user and shall not be construed as legal advice. While the Taxmann has exercised reasonable efforts to ensure the veracity of information/content published, Taxmann shall be under no liability in any manner whatsoever for incorrect information, if any.
Taxmann Publications has a dedicated in-house Research & Editorial Team. This team consists of a team of Chartered Accountants, Company Secretaries, and Lawyers. This team works under the guidance and supervision of editor-in-chief Mr Rakesh Bhargava.
The Research and Editorial Team is responsible for developing reliable and accurate content for the readers. The team follows the six-sigma approach to achieve the benchmark of zero error in its publications and research platforms. The team ensures that the following publication guidelines are thoroughly followed while developing the content:
- The statutory material is obtained only from the authorized and reliable sources
- All the latest developments in the judicial and legislative fields are covered
- Prepare the analytical write-ups on current, controversial, and important issues to help the readers to understand the concept and its implications
- Every content published by Taxmann is complete, accurate and lucid
- All evidence-based statements are supported with proper reference to Section, Circular No., Notification No. or citations
- The golden rules of grammar, style and consistency are thoroughly followed
- Font and size that’s easy to read and remain consistent across all imprint and digital publications are applied
Sign Up
To subscribe to our weekly newsletter please log in/register on Taxmann.com
Latest Books
Everything on Tax and Corporate Laws of India
To subscribe to our weekly newsletter please log in/register on Taxmann.com
