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GSTN issues Updated Advisory on GST Invoice Reporting: Time Limit applicable to Credit/Debit Notes also

The Goods and Services Tax Network (GSTN) has released an updated advisory with regard to reporting of Goods and Services Tax (GST) Invoices on the Invoice Reporting Portal. The updated advisory makes it compulsory to report within 7 days, all document types for which IRN is to be generated. Thus, once issued, the Credit/Debit note will also have to be reported within 7 days of issue.

Read More: Taxscan

 

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