Implementation of time limit on reporting old e-invoices under GST deferred

Government has deferred implementation of time limit on reporting old e-invoices for big assesses under GST by three months. It was scheduled to be implemented from May 01. Experts say businesses will get more time to align their system.

In an advisory, GSTN (IT backbone of GST) says, “It is to inform you that it has been decided by the competent authority to defer the imposition of time limit of 7 days on reporting old e-invoices on

the e-invoice IRP portals for taxpayers with aggregate turnover greater than or equal to Rs. 100 crores by three months.” Further, it said that the next date of implementation will be shared with assesses in due course of time.