{"id":8876,"date":"2023-04-13T03:52:09","date_gmt":"2023-04-13T02:52:09","guid":{"rendered":"https:\/\/www.klickongstworld.com\/blog\/?p=8876"},"modified":"2023-04-13T03:52:24","modified_gmt":"2023-04-13T02:52:24","slug":"gstn-issues-advisory-on-time-limit-for-reporting-invoices-on-the-irp-portal","status":"publish","type":"post","link":"https:\/\/www.klickongstworld.com\/blog\/gstn-issues-advisory-on-time-limit-for-reporting-invoices-on-the-irp-portal\/","title":{"rendered":"GSTN issues advisory on time limit for Reporting Invoices on the IRP Portal"},"content":{"rendered":"<p align=\"justify\">The Goods and Services Tax Network has issued an&nbsp;<em><strong>Advisory dated  April 12, 2023&nbsp;<\/strong><\/em>on time limit for Reporting  Invoices on the IRP Portal. <\/p>\n<p align=\"justify\">  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.<\/p>\n<p align=\"justify\">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.<\/p>\n<p align=\"justify\">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.<\/p>\n<p align=\"justify\">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 reporting the invoice after the 7-day window.  Hence, it is essential for taxpayers to ensure that they report the invoice  within the 7-day window provided by the new time limit.<\/p>\n<p align=\"justify\">5. It is  further to clarify that there will be no such reporting restriction on  taxpayers with AATO less than 100 crores, as of now.<\/p>\n<p align=\"justify\">6. In order  to provide sufficient time for taxpayers to comply with this requirement, which  may require changes to your systems, we propose to implement it from 01.05.2023  onwards.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>2023\/04\/13-04.png<\/p>\n","protected":false},"author":1,"featured_media":8878,"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\/8876"}],"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=8876"}],"version-history":[{"count":1,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/posts\/8876\/revisions"}],"predecessor-version":[{"id":8879,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/posts\/8876\/revisions\/8879"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/media\/8878"}],"wp:attachment":[{"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/media?parent=8876"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/categories?post=8876"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/tags?post=8876"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}