UP LOADING INVOICE

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swamy

swamy (Querist)
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14 April 2023 IS ANY NEW RULES TO UPLOADING ABOVE 100 CRORES TURNOVER?

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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14 April 2023 GST advisory dated 12.04.2023.

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.

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.

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.

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.

Thank You,
Team GSTN

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swamy

swamy (Querist)
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14 April 2023 Thanks.
Is any Invoice value limit?.{single}

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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14 April 2023 No. At present the uploading was backdated without any time limit, which has been capped to 7 days. No other change.

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