- New GST compliance change effective April 1, 2025
- Businesses with AATO of Rs. 10 crore and above must report e-invoices within 30 days
- Previously applied to businesses with AATO of Rs. 100 crore or more
- Thousands of mid-sized enterprises now affected
- Mandatory e-invoice reporting for invoices, credit notes, and debit notes
- IRP system will reject invoices submitted after 30 days
- Unreported invoices beyond 30 days invalid for ITC claims
- Rule applies to businesses meeting AATO threshold in any preceding financial year
- Non-compliance may lead to invoice rejections, loss of ITC eligibility, and regulatory scrutiny
- Businesses should update processes, software, and systems
- Automate alerts, enable real-time syncing, and train staff on new guidelines
- Act now to avoid compliance issues and maintain tax operations
Source: jurishour.in
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
