GSTN has given relief to big GST registered businessmen. GSTN has once again extended the last date for uploading e-invoices to traders of more than 100 crores.
This will benefit those businessmen whose turnover is 100 crores or more. Where the businessmen had to upload their e-invoices in 7 days, now they have been given more time in this.
GSTN has given relief to big GST registered businessmen. GSTN has once again extended the last date for uploading e-invoices to traders of more than 100 crores. This will benefit those businessmen whose turnover is 100 crores or more. Where the businessmen had to upload their e-invoices in 7 days, now they have been given more time in this.
Let us tell you, according to GSTN, businessmen had to upload their e-invoices on IRP i.e. Invoice Registration Portal. But now its deadline has been extended once again. Now the businessmen have got 3 more months for this.
Invoice to be uploaded on IRP within 7 days
From May 1, GSTN had implemented the rule on the IRP portal for uploading e-invoices from traders within 7 days. Under which they had to upload e-challan within 7 days. But, now its deadline has been extended for 3 months. According to the earlier rule, if companies do not upload their e-invoices on the IRP portal, then they do not get the benefit of input tax benefits available under it.
got 3 months more time
Let me tell you, businessmen of more than 100 crores had to submit their invoices on the IRP portal for 7 days. But on Sunday, GSTN said that this arrangement has been postponed for 3 months. Meaning if businessmen upload their invoices on the portal on the 8th day instead of 7 days, then they will not be allowed to do so. That is, if someone has billed on May 1, then the businessman will have to submit the challan of that invoice on the IRP portal by May 7. He will not be able to upload it on 8th May.
