{"id":8880,"date":"2023-04-14T03:17:10","date_gmt":"2023-04-14T02:17:10","guid":{"rendered":"https:\/\/www.klickongstworld.com\/blog\/?p=8880"},"modified":"2023-04-14T04:54:16","modified_gmt":"2023-04-14T03:54:16","slug":"gstn-issued-updated-advisory-time-limit-for-reporting-invoices-on-the-irp-portal","status":"publish","type":"post","link":"https:\/\/www.klickongstworld.com\/blog\/gstn-issued-updated-advisory-time-limit-for-reporting-invoices-on-the-irp-portal\/","title":{"rendered":"GSTN issued updated advisory: Time limit for Reporting Invoices on the IRP Portal"},"content":{"rendered":"<p align=\"justify\">The Goods and  Services Tax Network has issued an&nbsp;<strong><em>Updated Advisory dated April 13, 2023<\/em><\/strong>&nbsp;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 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.<\/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\/14-04.png<\/p>\n","protected":false},"author":1,"featured_media":8882,"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\/8880"}],"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=8880"}],"version-history":[{"count":2,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/posts\/8880\/revisions"}],"predecessor-version":[{"id":8884,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/posts\/8880\/revisions\/8884"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/media\/8882"}],"wp:attachment":[{"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/media?parent=8880"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/categories?post=8880"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/tags?post=8880"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}