GST Update: Businesses Get 3 Months Extension On Implementation Of E-invoice Reporting Time Limit

[ad_1] Apprehensions were mounting due to additional entries posted due to year-end charges originating from auditor recommendations and annual reconciliations. As per GST law, businesses cannot avail input tax credit (ITC) if invoices are not uploaded on the IRP. GSTN has deferred by 3 months the implementation of time limit for businesses with turnover … Read more