
According to GST regulations, suppliers and sellers with a designated annual aggregate turnover (AATO) must create an electronic invoice (e-invoice) and post it on the IRP portal.GST rules: The Goods and Services Tax Network (GSTN) has announced an update to the e-invoicing process for businesses. Effective April 1, 2025, taxpayers with an annual aggregate turnover (AATO) of Rs 10 crore and above will now be mandated to upload e-invoices to the Invoice Registration Portal (IRP) within 30 days from the date of invoice issuance.
Previously, this 30-day requirement only applied to businesses with an AATO of Rs 100 crore or more. However, beginning in April 2025, this regulation will extend to a larger group of taxpayers, including those with smaller businesses. This will be applicable to individuals with an Aggregate Annual Turnover (AATO) exceeding Rs 10 crore, resulting in a significantly larger group of GST taxpayers being affected.