Hi,
As we are in E Invoicing regime and we all aware that IRN generation is mandatory where applicable.
Please suggest that is there any timeline for generating IRN. For example in my view June 22 month invoice IRN can be generated before filing GSTR-1 of the same month that is 11th July 22.
Please suggest yours views.
Debate on E-Invoicing IRN Timing: No Set Timeline, Avoid Delays, Legal Compliance Essential, Lack of Clear Guidelines. A discussion on the timeline for generating Invoice Reference Numbers (IRN) under the E-Invoicing regime for Goods and Services Tax (GST) reveals differing views. One participant notes there is no specific timeline but advises against delaying IRN generation to avoid complications. Another agrees, stating that IRN should be generated within the legal timeframe for issuing invoices. A participant questions why the portal allows IRN generation if the invoice date is past, noting that service invoices are often dated at month-end but generated later. The discussion highlights the lack of clear guidelines on IRN timing. (AI Summary)