IRN on E Invoice

[AdvMurari Kumar]

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.

AI Summary

IRN generation timing: generate IRN when the invoice is issued because invoice validity and input tax credit depend on timely IRN creation.
There is no separate statutory timeline for IRN generation, but a valid invoice under rule 48 requires obtaining an IRN by uploading prescribed particulars; possession of a tax invoice is necessary for input tax credit and for movement documentation, so IRN timing affects invoice validity and downstream compliance.