Bizmen vexed by new 7-day deadline for GST invoices

Ludhiana: The medium and large scale companies will now have to report the invoices for goods and sevices tax (GST) on Invoice Registration Portal (IRP) within seven days, as the government has put a deadline on the same. This change is applicable on entities with turnover more than Rs 100 crore, and tax professionals have warned businessmen to be cautious about the new norm.  Unhappy over th…