13/04/2023, The time limit for reporting invoices on the IRP Portal has been updated.

Dear Taxpayers,

I’m writing to let you know that the government has decided to set a deadline for taxpayers with AATOs higher than or equal to 100 crores to disclose old invoices on the e-invoice IRP portals.

Taxpayers in this category will not be permitted to record invoices that are more than 7 days old on the reporting date in order to guarantee timely compliance.

Please be aware that all document types for which IRN is to be created will be subject to this restriction. The credit/debit note must be reported within 7 days of issuance once it has been issued.

An invoice with an April 1, 2023 date, for instance, cannot be reported after April 8, 2023. The user will be unable to report the invoice after the 7-day limit thanks to the validation system embedded into the invoice registration portal. Therefore, it is crucial for taxpayers to make sure that they disclose the invoice within the new time limit’s seven-day deadline.

It is also clarified that, as of right now, taxpayers having AATOs less than 100 crores will not be subject to this reporting restriction.

We recommend starting implementation on May 1, 2023, to provide taxpayers enough time to comply with this obligation, which might call for modifications to your systems.

Thank You,
Team 2S Services

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