No input tax credit if e-invoice not uploaded in GST portal within 30 days: New rule soon

The Goods and Services Tax Network (GSTN) has introduced a new rule disallowing upload of e-invoices older than 30 days on the invoice registration portal (IRP) from April 1, 2025, for a large category of GST taxpayers. Under GST law, businesses (suppliers/sellers) with a specified annual aggregate turnover (AATO) need to generate an electronic invoice (e-invoice) and upload it on the IRP portal w…