Starting April 1, 2025, the Goods and Services Tax Network (GSTN) will implement a stricter rule for e-invoice uploads on the Invoice Registration Portal (IRP). This rule mandates that businesses with an Annual Aggregate Turnover (AATO) of Rs 10 crore or more must upload e-invoices within 30 days from the date of invoice generation. Previously, this requirement only applied to businesses with an AATO of Rs 100 crore or more.

Here are the key points:

  1. Applicability: This 30-day upload window applies to all document types that require an Invoice Reference Number (IRN), including invoices, credit notes, and debit notes.
  2. Consequences of Delay: If an e-invoice is not uploaded within the 30-day window, it will be automatically rejected by the IRP. For example, an invoice dated April 1, 2025, must be reported by April 30, 2025, to be accepted.
  3. Input Tax Credit (ITC) Implications: Uploading the e-invoice in a timely manner is essential for the buyer to claim Input Tax Credit (ITC). If the invoice is rejected due to late upload, it could disrupt ITC claims for the buyer.
  4. Objective: The rule aims to improve GST compliance and streamline the ITC process by ensuring timely and accurate reporting.

Businesses are advised to enhance their e-invoicing processes, possibly through automation, to comply with this new rule and avoid ITC disruptions and compliance risks.