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Title: Invoice Management System being introduced for GST in India

Presenters: Harsh Sankhlecha, DP Nagendra Kumar, Sarvesh Jhunjhunwala, and Shrenik Shah
Date: 19 August 2025, 2:00 PM – 3:00 PM SGT 

Invoice Management System has been rolled out on the Government GST portal and is expected to be made mandatory by end of 2025.  This is a revolutionary invoice acceptance and matching mechanism which will enable tax officers as well as taxpayers (suppliers and recipients) to view the purchase registers, input credit registers and tax compliances on the GST portal itself.  IMS warrants that a recipient takes any one of the following options on an invoice / debit note - accept/ reject/ pending. For credit notes however, the options are only to accept/ reject as of now. Basis the recipient’s action, the tax liability of the supplier as well as the credit availability for the recipient gets determined. 

This is not just a tax compliance, but it would overhaul the AP/ AR functions as the suppliers get real time visibility to the recipient’s action For e.g., if a recipient has rejected a valid invoice, it indicates that the invoice will not be paid.

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