News

New GST Directive Sets 30-Day Time Limit for E-Invoice Filing

The GST Authority has decided to set a 30-day time limit for invoice reporting on the Invoice Registration Portal (IRP) for taxpayers with Aggregate Annual Turnover (AATO) greater than or equal to Rs. 100 Crores. This limit will apply from the date of the invoice.

The decision to impose such a restriction has been taken with the aim to enhance compliance with GST regulations and streamline the reporting process. The advisory issued by the National Informatics Centre states that the restriction will apply to all document types requiring Invoice Reference Numbers (IRNs). This includes invoices, credit notes, and debit notes. For example, if an invoice is dated November 1, 2023, it must be reported no later than November 30, 2023.

This GST directive which will come into force w.e.f. November 1, 2023, is in supersession of the previous advisory dated April 17, 2023, through which the Centre informed of the Government’s decision to impose a 7-day time limit.