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Taxation Central Ministry of Finance Central Goods and Services Tax Act, 2017

Advisory on New Time limit for Reporting of Invoices on the IRP Portal

11-Sep-2023 | Advisory

National Informatics Centre (NIC) has issued a fresh advisory on issuance of e-invoice, effective from 1st November 2023.

By virtue of the advisory, it is mandatory for taxpayers with Aggregate Annual Turnover (AATO) of Rs. 100 crores or more, to generate the e-invoice within 30 days from the date of Invoice/Debit Note/Credit Note. The key highlights are:


1. In case e-invoice is not generated within 30 days for a particular invoice, the taxpayer would not be able to generate the same for such invoice.

2. Failure to generate e-invoice would lead to;

- Penalty under GST laws

- Disallowance of Input Tax Credit to you as a recipient

- Your customer recovering loss of ITC from you

- Detention of vehicle or goods in transit and consequences thereof

3. It is notable that the validation on portal will run on or after November 1, 2023.

4. It is, therefore, advisable to all concerned taxpayers to setup a system in place to generate the e-invoice within 30 days, if not already implemented.

Upgrade to paid version to access the Notification, Circular & Rules along with the checklist

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