AATO ?10Cr+ Businesses Must Report e-Invoices in 30 Days
The Goods and Services Tax Network (GSTN) has announced a major update that will revolutionize the invoicing processes of businesses across India. From April 1, 2025, taxpayers with an annual aggregate turnover (AATO) of Rs 10 crore and more will have to file e-invoices on the invoice registration portal (IRP) within 30 days from the date of issuance. The intention behind this step is to bring more compliance, check tax evasion, and simplify the GST environment—but it's done with tough timelines and hefty fines for defaulters.