The Goods and Service Tax Network (GSTN) on November 05, 2024, issued a notification regarding the Advisory Time Limit for Reporting e-Invoice on the IRP Portal – Lowering of Threshold to AATO 10 Crores and Above.
Effective from April 1, 2025, taxpayers with an Annual Aggregate Turnover (AATO) of ₹10 crores or more must report e-Invoices on IRP portals within 30 days of the invoice date. This rule, which previously applied to taxpayers with an AATO of ₹100 crores or more, now covers a broader range of businesses. The 30-day limit applies to all documents requiring an IRN, including invoices, credit notes, and debit notes. For instance, an invoice dated April 1, 2025, must be reported by April 30, 2025, as the IRP portals will not accept older invoices. Taxpayers with an AATO of less than ₹10 crores remain exempt from this restriction.
