- On November 5, 2024, the Indian Goods and Services Tax Network announced a lower threshold for invoices to be sent to the Invoice Registration Portal (IRP) within the 30 days of the invoice date.
- As of 1 April 2025, taxpayers with an annual turnover of at least Rs 10 Crores (app. EUR 110 000) must send e-invoices to the IRP within 30 days of the date of the invoice. This rule applies to all document types, including invoices, debit notes, and credit notes.
- Initially, this 30-day limit was targeted at taxpayers with an annual turnover of at least Rs 100 Crores (app. EUR 11M). However, from April 1, 2025, the IRP will automatically reject e-invoices of businesses with turnover of more than RS 10 Crores that are submitted after the 30-day window.
- In India, taxpayers who have an annual turnover of at least Rs 5 Crores (app. EUR 55 000) must issue their B2B and B2G invoices according to the mandatory e-invoicing system. For more details regarding the e-invoicing system in India, visit our tax rules page.
Source Sovos
Click on the logo to visit the website
Latest Posts in "India"
- GST: India’s Grand Federal Bargain Becomes Imperfect Political Compromise After Eight Years
- GST 2.0 Boosts Bengal’s Economy with Rate Cuts on Local Goods and Industries
- Finance Minister Addresses GST Transition Concerns, Outlines Measures for Smooth Implementation
- Rajasthan HC Rules Principal-to-Principal Service Contracts as Export, Not Intermediary, Under GST
- CBAM Compliance Guide for Indian Exporters: 2025–26 Edition