|Update:||Compliance Alert - A new validation rule to report documents to the IRP portal|
The National Informatics Center NIC has implemented a new validation rule on the production of reporting e-invoices for suppliers with a turnover of more than INR 500 crores (ca. EUR 56 million).
Taxpayers in this category will not be allowed to report invoices/ other document types older than 30 days on the date of reporting.
The IRP portal will provide the following error message:
"2305: IRN cannot be generated with document date prior to 30 days from today for suppliers with turnover above 500 Cr"
Please note that the previous time frame was 30 days for taxpayers with a turnover of more than INR 100 crores (ca. EUR 11.5 million), applicable as of 1 November 2023.