Login | Register
GST Library
TaxReply Support
YouTube Videos
Twitter
Buy Premium Tax Domains
About Us
Contact Us
Our Services
TaxReply India Pvt Ltd
  AA
12.25k

GSTN New advisory for time limit for generating e-invoice?

GSTN changed its earlier advisory issued a day before, to apply the restriction of 7 days to all document types including credit notes and debit notes.

GSTN Advisory read as below:

Dear Taxpayers,

1. It is to inform you that it has been decided by the Government to impose a time limit on reporting old invoices on the e-invoice IRP portals for taxpayers with AATO greater than or equal to 100 crores.

2. To ensure timely compliance, taxpayers in this category will not be allowed to report invoices older than 7 days on the date of reporting.

3. Please note that this restriction will apply to the all document types for which IRN is to be generated. Thus, once issued, the credit / Debit note will also have to be reported within 7 days of issue.

3. Please note that this restriction will only apply to the document type invoice, and there will be no time restriction on reporting debit/credit notes.

4. For example, if an invoice has a date of April 1, 2023, it cannot be reported after April 8, 2023. The validation system built into the invoice registration portal will disallow the user from re.......
☛   Login to read more...


:

E-invoice
Add to Fav ☆
Add to favorites.
Best-in-class
Digital GST Library
Plan starts from
₹ 5,000/-
(For 1 Year)
Checkout all Plans
Unlimited access for
365 Days
✓ Subscribe Now
Author:

TaxReply


Apr 14, 2023

Comments


For eg if any invoice issue on 31st march and e invoice is not generated within 7 days, then it would not be reflected in march month portal data for filing R1.
By: Vikrant Vaid
Apr 14, 2023
Ye new advisery 100 crore se niche turnover wale vyapari par lagu nahi hoga na
sirf 100 crore se upar wale par lagu hoga na
By: Amit Baranwal
Apr 15, 2023


Post your comment here !

Login to Comment


Other Important Updates


☛   Read more updates...

15
May
S
M
T
W
T
F
S
20 May

☑ Monthly | GSTR-3B

GSTR-3B for the m/o Apr 2025 (Monthly Taxpayer - Rule 61) - Either Compulsory taxpayer > 5 cr. or Voluntary taxpayer < 5 cr.

☑ Monthly | GSTR-5A

GSTR-5A for the m/o Apr 2025 [Return by OIDAR Service Providers - Rule 64.]

25 May

☑ Monthly | PMT-06

PMT-06 Monthly tax payment for Apr 2025 under QRMP Scheme [Rule 61(1)(ii) - Proviso to Section 39(7)].

Taxpayers have a choice to pay tax either, as per -  

A) Fixed Sum Method OR 
B) Self assessment basis subject to interest on short payment of taxes.
(Notification No.85/2020 - CT)
 
28 May

☑ Monthly | GSTR-11

GSTR-11 for the m/o Apr 2025 (Statement of inward supplies by persons having Unique Identification Number (UIN)).