The recently introduced 7-days time limit for sending e-invoices to the Invoice Registration Portal (IRP) has been deferred for three months. The time limit was issued by the Goods and Services Network (GSTN) to be originally effective as of 1 May 2023. According to advisory decision, taxpayers with an annual turnover of at least Rs 100 Crores will not be able to send to the IRP e-invoices older than 7 days.
In India, taxpayers who have an annual turnover of at least Rs 10 Crores must issue their B2B and B2G invoices according to the mandatory e-invoicing system. For more details regarding the e-invoicing system in India, you can visit our website.