The Goods and Services Tax Network (GSTN) has released an advisory on the time limit for reporting Goods and Services Tax (GST) invoices on the Invoice Registration Portal (IRP). The advisory stated that the government has imposed a time limit on reporting old invoices on the e-invoice IRP portals for taxpayers with Annual Aggregate Turnover (AATO) greater than or equal to INR 100 crores.

To ensure timely compliance, taxpayers falling under this category will not be allowed to report invoices older than seven days from the date of reporting. However, it should be noted that this restriction will only apply to the document-type invoice, and there will be no time limit for reporting debit/credit notes.

If an invoice is dated April 1, 2023, it cannot be reported on the portal after April 8, 2023. The validation system of the invoice registration portal will prevent users from reporting the invoice once the seven-day window has passed. Therefore, taxpayers must ensure that they report invoices within the given time limit.

The advisory clarified that taxpayers with Annual Aggregate Turnover less than INR 100 crores are currently exempt from this reporting restriction.

This new requirement shall be implemented from May 1, 2023, onwards to allow taxpayers sufficient time to comply. This will enable taxpayers to make any necessary changes to their systems.

Earlier, the GSTN had issued an advisory on the new e-invoice portals, which also hinted at the onboarding of four new Invoice Reporting Portals soon. The said private IRPs are already accessible to taxpayers for reporting GST e-Invoices.

Read also: Understanding the Benefits of E-Invoicing Under GST

The advisory released today can be accessed at the official website of the GSTN under the “News and Updates” section.

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