India's GST Council is lowering the reporting threshold for e-invoicing to the Invoice Registration Portal (IRP), effective April 1, 2025. From this date, businesses with an annual turnover exceeding ₹10 lakh (approximately 11,859.96 USD) must submit invoices to the GST portal within 30 days of issuance. Failure to comply will result in the loss of the right to claim input tax credits on those invoices.
E-invoicing 30-day reporting in India threshold cut April 2025
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Author: Ivana Picajkić
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Fiscal subject related
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Content accuracy validation date:
04.12.2024
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India's GST Council is reducing the reporting threshold for e-invoicing to the Invoice Registration Portal (IRP), effective April 1, 2025. From this date, any business with an annual turnover exceeding ₹10 lakh (approximately 11,859.96 USD) must submit invoices to the GST portal within 30 days of issuance. If businesses fail to meet this deadline, they will lose the right to claim input tax credits on those invoices.
Mandatory B2B e-invoicing was introduced in India starting in October 2020, with the current threshold set at ₹5 crore (around 592,941.16 USD). Businesses are required to submit invoices to the IRP for validation and receive a unique identification code before sending them to customers.
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