If your business turnover exceeds โน10 Crore/-, this is for YOU! ๐จ
๐ What’s New? Starting 1st April 2025, taxpayers with an Aggregate Annual Turnover (AATO) of โน10 Cr or more will face a critical compliance update: โ No reporting of invoices older than 30 days on the e-invoice IRP portals!
โจ Before vs. After Amendment: โก๏ธ Before: AATO threshold was โน100 Cr+ โก๏ธ After: AATO threshold is now โน10 Cr+
๐งพ Example: ๐ Invoice dated: 1st August 2025 โณ Deadline for reporting: 30th August 2025 Miss this? You can’t report it on the IRP portal anymore! ๐ซ ๐ก Pro Tip: Stay proactive with invoice reporting to avoid any last-minute hassles! โ ๐๏ธ Plan Ahead. Stay Compliant.