{"id":16208,"date":"2023-06-26T14:50:16","date_gmt":"2023-06-26T09:20:16","guid":{"rendered":"https:\/\/www.kanakkupillai.com\/new-learn?p=16208"},"modified":"2025-08-04T09:48:53","modified_gmt":"2025-08-04T04:18:53","slug":"time-limit-for-reporting-invoice-on-the-irp-portal","status":"publish","type":"post","link":"https:\/\/www.kanakkupillai.com\/learn\/time-limit-for-reporting-invoice-on-the-irp-portal\/","title":{"rendered":"TIME LIMIT FOR REPORTING INVOICE ON THE IRP PORTAL"},"content":{"rendered":"

The e-invoice<\/strong> system has changed over time to improve compliance. Initially, e-invoices were mandated for businesses with a turnover exceeding 500 crores as of 2020. However, this threshold has been gradually reduced.\u00a0 An advisory committee was formed to regulate this process on April 12th, 2023, which has set a deadline for reporting e-invoices on the IRP portal<\/strong>. This article aims to provide an overview of important advice regarding the time limit for reporting invoices.<\/p>\n

TIME LIMIT FOR REPORTING INVOICES ON THE IRP PORTAL<\/strong><\/h2>\n

To ensure efficient compliance, the authorities have set specific time limits for companies and organizations. If a company\u2019s annual turnover exceeds or equals 100 crores, it is mandatory to report e-invoices on the IRP portal<\/strong><\/a>. It is important to adhere to the following time limit:<\/p>\n

    \n
  1. Deadline:<\/strong> No e-invoice should be reported on the portal after 7 days<\/strong> from the reporting date. For example, if an invoice is reported on April 1st, 2023, submitting the report on or after April 8th, 2023, will not be allowed by the IRP portal.<\/li>\n
  2. Applicability:<\/strong> The time limit applies to all documents that require the generation of an Invoice Reference Number (IRN).<\/li>\n
  3. Exemption:<\/strong> Organizations or business units with an aggregate annual turnover below 100 crores rupees are not required to comply with the time limit for reporting invoices on the IRP portal.<\/li>\n<\/ol>\n

    CONSEQUENCES OF NOT ADHERING TO THE E-INVOICING TIME LIMIT<\/strong><\/h2>\n

    Failing to adhere to the time limit for e-invoice reporting can have several consequences:<\/p>\n

      \n
    1. Limited Reporting Window:<\/strong> The IRP portal only accepts e-invoice reports within 7 days from the reporting date. Any submission beyond this period will not be allowed.<\/li>\n
    2. Non-Compliance:<\/strong> Failure to submit the e-invoice report within the prescribed time frame is non-compliant with the government\u2019s specified procedure.<\/li>\n
    3. Impacts on Customer Relations and Input Tax:<\/strong> Non-compliance with e-invoice reporting can affect customer relations and the accurate calculation of input tax value.<\/li>\n
    4. Repeat Process:<\/strong> If the time limit is not met, the individual or business will have to initiate the process again, starting with generating a new e-invoice. This can be a time-consuming process.<\/li>\n
    5. Penalties:<\/strong> The GST authorities may impose penalties, such as 25,000 rupees, for incorrect invoices. Additionally, for non-generation invoices, the penalty can be 100 percent of the tax due or 10,000 rupees, whichever is higher.<\/li>\n<\/ol>\n

      CONCLUSION<\/strong><\/h2>\n

      The time limit for submitting e-invoices<\/strong> is a mandatory process that has been recently emphasized. Business owners must promptly comply with this new provision to avoid penalties and ensure smooth operations.<\/p>\n

      Related Services<\/h4>\n

      GST Registration Online<\/strong><\/a><\/p>\n

      GST Return Filing Online<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

      The e-invoice system has changed over time to improve compliance. Initially, e-invoices were mandated for businesses with a turnover exceeding 500 crores…<\/p>\n","protected":false},"author":3,"featured_media":16242,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"no","_lmt_disable":"","footnotes":""},"categories":[4610],"tags":[],"class_list":{"0":"post-16208","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-gst-act"},"yoast_head":"\nTime Limit for Reporting E-Invoices on the IRP Portal<\/title>\n<meta name=\"description\" content=\"Know the time limit to report invoices on the IRP portal. 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