rama natha (1 Points)
05 January 2025My Firm Annual Turnover crossed 5 crore (5.18 crore exactly) as on 31st Mar 2024...I am supposed to raise E-invoice from Apr 1 2024 as per rule...but I came to know about the turnover when my GSTR 9 is filed on Dec 31 24....Can i raise E invoice at IRP for the past 9 months back dated..If not what is the process to rectify this issue..
Regards
Akshy
Rama chary Rachakonda
(Master in Accounts & Lawyer email ID:ramachary64@gmail.com voice no:9989324294)
(5832 Points)
Replied 06 January 2025
However, these e-invoices will be considered as "late-generated" invoices.
Ensure you report them under the correct table and section.
3. *Pay applicable penalty and interest*: As you've failed to generate e-invoices within the prescribed timeframe, you may be liable for penalties and interest. You'll need to calculate and pay these amounts.
The tax officer may condone the delay, but this is not guaranteed. Important Points
However, this is not guaranteed, and you should be prepared for any consequences.
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961
CAclubindia
