GSTN Defers Time Limit on Reporting Old E-Invoices

The GSTN has issued an advisory dated May 06, 2023, regarding the deferment of the implementation of the time limit on reporting old e-invoices. As per the advisory, the competent authority has decided to defer the imposition of the time limit of 7 days on reporting old e-invoices on the e-invoice IRP portals for taxpayers with an aggregate turnover of greater than or equal to 100 crores by three months.

This decision is expected to provide relief to businesses and reduce their compliance burden during the ongoing COVID-19 pandemic. The next date of implementation will be shared with taxpayers in due course.

It is important for businesses to stay updated with such advisories and comply with the GST regulations. The GSTN's decision reflects the government's commitment to supporting businesses and helping them navigate the challenges posed by the pandemic.

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