{"id":10161,"date":"2024-12-10T11:51:06","date_gmt":"2024-12-10T11:51:06","guid":{"rendered":"https:\/\/www.klickongstworld.com\/blog\/?p=10161"},"modified":"2024-12-10T11:51:57","modified_gmt":"2024-12-10T11:51:57","slug":"advisory-time-limit-for-reporting-e-invoice-on-the-irp-portal-lowering-of-threshold-to-aato-10-crores-and-above","status":"publish","type":"post","link":"https:\/\/www.klickongstworld.com\/blog\/advisory-time-limit-for-reporting-e-invoice-on-the-irp-portal-lowering-of-threshold-to-aato-10-crores-and-above\/","title":{"rendered":"Advisory: Time Limit for Reporting e-Invoice on the IRP Portal &#8211; Lowering of Threshold to AATO 10 Crores and Above"},"content":{"rendered":"<p align=\"justify\">GSTN has issued an advisory  dated 05.11.2024 on Time Limit for Reporting e-Invoice on the IRP Portal &#8211; Lowering of Threshold to AATO 10 Crores and Above<\/p>\n<p>  1. With reference to the  earlier advisory dated 13th September 2023 (<a href=\"https:\/\/einvoice.gst.gov.in\/einvoice\/newsandupdates\/read-602\" target=\"blank\" rel=\"noopener\">https:\/\/einvoice.gst.gov.in\/einvoice\/newsandupdates\/read-602<\/a>),  where a time limit of 30 days for reporting e-Invoices on IRP portals for  taxpayers with an AATO of 100 crores and above was implemented, the threshold  has now been lowered to cover taxpayers with an AATO of 10 crores and above.<\/p>\n<p>  2. Therefore, from 1st April  2025, taxpayers with an AATO of 10 crores and above would not be allowed to  report e-Invoices older than 30 days from the date of reporting on IRP portals.<\/p>\n<p>  3. This restriction would  apply to all document types (Invoices\/Credit Notes\/Debit Notes) for which an  IRN is to be generated.\n  <\/p>\n<p align=\"justify\">4. For example, if an  invoice is dated 1st April 2025, it cannot be reported after 30th April 2025.  The validation built into the invoice registration portals (IRP) would disallow  the user from reporting the e-Invoice after the 30-day window. Hence, it is  essential for taxpayers to ensure that they report the e-Invoice within the  30-day window provided by the new time limit.\n  <\/p>\n<p align=\"justify\">5. It is further clarified  that there would be no such reporting restriction on taxpayers with an AATO of  less than 10 crores as of now.\n  <\/p>\n<p align=\"justify\">6. To provide sufficient  time for taxpayers to comply with this requirement, the above limit would come  into effect from 1st April 2025 onwards.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>2024\/12\/0511.png<\/p>\n","protected":false},"author":1,"featured_media":10162,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"_links":{"self":[{"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/posts\/10161"}],"collection":[{"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/comments?post=10161"}],"version-history":[{"count":2,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/posts\/10161\/revisions"}],"predecessor-version":[{"id":10164,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/posts\/10161\/revisions\/10164"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/media\/10162"}],"wp:attachment":[{"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/media?parent=10161"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/categories?post=10161"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/tags?post=10161"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}