{"id":999,"date":"2025-04-01T04:55:46","date_gmt":"2025-04-01T04:55:46","guid":{"rendered":"https:\/\/www.shoplegal.in\/blog\/?p=999"},"modified":"2025-04-01T04:56:34","modified_gmt":"2025-04-01T04:56:34","slug":"businesses-with-aato-10-cr-above-must-report-e-invoices-within-30-days","status":"publish","type":"post","link":"https:\/\/www.shoplegal.in\/blog\/businesses-with-aato-10-cr-above-must-report-e-invoices-within-30-days\/","title":{"rendered":"Businesses with AATO of \u20b910 Cr and above Must Report e-Invoices Within 30 Days"},"content":{"rendered":"TALK TO EXPERTS<\/span><\/a>\n

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Starting from April 1, 2025, businesses with an Annual Aggregate Turnover (AATO) of \u20b910 Crore or more must report e-Invoices, including invoices, credit notes, and debit notes, within 30 days of issuance on the Invoice Registration Portal (IRP). For instance, an invoice dated April 1, 2025, must be reported no later than April 30, 2025.<\/p>\n

Overview of the New Compliance Requirement<\/h2>\n

In an effort to strengthen compliance and optimize the e-invoicing framework under GST<\/a>, the Goods and Services Tax Network (GSTN) has introduced a mandatory time limit for reporting e-invoices. The revised guideline, effective from April 1, 2025, lowers the turnover threshold for this requirement from \u20b9100 Crore to \u20b910 Crore in AATO.<\/p>\n

Key Changes in the Advisory<\/h2>\n

Previous Restriction for Businesses with \u20b9100+ Crore AATO<\/h3>\n

According to an advisory issued on September 13, 2023, businesses with an AATO of \u20b9100 Crore or more were required to report e-Invoices within 30 days of issuance. Any invoice, credit note, or debit note exceeding this timeframe was not permitted for reporting on the IRP.<\/p>\n

Expansion to Businesses with \u20b910+ Crore AATO<\/h3>\n

With the latest directive released on November 5, 2024, the threshold has been lowered to \u20b910 Crore. As a result, from April 1, 2025, businesses falling under this category will be unable to generate an Invoice Reference Number (IRN) for any invoice, credit note, or debit note that exceeds 30 days from its issuance date.<\/p>\n

Implementation Timeline<\/h3>\n

To allow businesses sufficient time to adapt to the new regulation, the implementation is scheduled for April 1, 2025. This transition period ensures that affected taxpayers can update their invoicing systems and workflows accordingly.<\/p>\n

No Impact on Businesses Below \u20b910 Crore AATO<\/h3>\n

This new compliance requirement does not apply to businesses with an AATO of less than \u20b910 Crore. Such businesses can continue reporting e-Invoices without any specific time restriction.<\/p>\n

Understanding e-Invoicing Under GST<\/h2>\n

E-invoicing is an electronic mechanism for authenticating invoices, ensuring that all business transactions are recorded with the GSTN and reported to the central GST<\/a> portal. Initially designed for large corporations, the e-invoicing mandate has gradually been expanded to include small and medium-sized enterprises (SMEs).<\/p>\n

Unlike conventional invoice generation directly on the GST portal, businesses prepare invoices through their internal accounting systems and then upload them to the IRP. The portal validates each invoice and assigns it a unique Invoice Reference Number (IRN), ensuring its authenticity. This validated data is then automatically shared with the GST and e-way bill portals, reducing manual data entry and enhancing compliance accuracy.<\/p>\n

Benefits of the 30-Day e-Invoice Reporting Limit for SMEs<\/h2>\n

The extension of the 30-day reporting mandate to businesses with an AATO of \u20b910 Crore brings multiple benefits:<\/p>\n