Major Changes in GST Invoice Management System (IMS) from November 2025 | Invoice Management System|
Major Changes in GST Invoice Management System (IMS) from November 2025 | Invoice Management System Effective from the October/November 2025 period, major changes have been introduced in the Indian GST (Goods and Services Tax) Invoice Management System (IMS), focusing on enhanced control over Input Tax Credit (ITC) and tighter compliance: 1). Recipient Action and Control Over Input Tax Credit (ITC) The primary change is the shift of responsibility for validating invoices to the recipient taxpayer, giving them greater control over their ITC claims. Accept/Reject/Pending Option: Recipient taxpayers must now proactively interact with invoices uploaded by their suppliers on the GST portal (in GSTR-1 or IFF) and decide to Accept, Reject, or mark them as Pending. Flexible ITC Reversal: A new option allows recipients to declare the exact amount of ITC to be reversed when accepting a credit note or similar document, rather than the system automatically reversing the full amount. This helps ensure the ITC reversal matches the amount actually availed, minimizing disputes. Time Limits and Deemed Acceptance: Records marked as pending can only remain so for one tax period (one month for monthly filers, one quarter for quarterly filers). After this specified period, if no action is taken, the system will consider the records as deemed accepted. 2). Mandatory Real-Time Reporting and Stricter Timelines Compliance requirements are becoming stricter, moving towards real-time data visibility for tax authorities. E-Invoice Reporting Deadline: From April 1, 2025, businesses with an Annual Aggregate Turnover (AATO) of ₹10 crore and above are required to report their e-invoices to the Invoice Registration Portal (IRP) within 30 days of the invoice date. This time limit applies to all relevant documents (invoices, debit notes, and credit notes). Hard Stop on Old Returns: Effective December 1, 2025, the GST portal will permanently bar the filing of any GST return (GSTR-1, GSTR-3B, GSTR-9) that is more than three years past its original due date. This mandates businesses to clear any outstanding compliance backlogs before November 2025. #invoicemanagementsystem #invoicemanagement #invoiceautomation #ims #nstaxwalla #nstaxconsultancyundri #itrportal #AY202526 #FY202425 #itrduedate #itrdocuments #itrawareness #itr #itrseason #financialyear #trendingsreels #taxrefund #taxguidance #taxupdates #taxseason #incometax #taxexpert #taxadvice #taxprofessionals #tds #gst #trending #tcs #gstr #accounting #gstupdates #navodians #navodayan #jnv #kutch #gstregistration #incometaxindia #itrfiling #charteredaccountant #accountingservices #finance #undripune ___________________________ Watch these Videos Also↙️ ➡️ 1) New Tds Rates for Nri on sale of property after 23rd july-2024 | How to calculate Capital Gain ?| • New Tds Rates for Nri on sale of property ... ➡️ 2) How to fill Form 27Q for Tds Return |TDS on Property Purchase from NRI | TDS on Property Sold By NRI • How to fill Form 27Q for Tds Return |TDS o... ➡️ 3) New TDS Rates |Changes in TDS Rates from 1 October 2024 | New TDS Rates Applicability from OCT-24 • New TDS Rates |Changes in TDS Rates from ... ➡️ 4) Budget 2025 : Even if you have an income of rs 12 lac yearly, still you will have to pay tax ,कैसे ? • Budget 2025 : Even if you have an income o... ➡️ 5) How to save TDS on Fixed Deposit | Easy way to save tds on FD | FD पर TDS कैसे बचाएँ | • How to save TDS on Fixed Deposit | Easy wa... ➡️ 6) When ITR Filling will start for FY 2024-25 ( AY 2025-2026) | Who is Responsible for delay | • When ITR Filling will start for FY 2024-25... ➡️ 7) Property sale करने पर Tax Calculation कैसे करे? | FY 2024-25 | AY 2025-26 | • Property sale करने पर Tax Calculation कैसे... ➡️ 8) When ITR-2 & ITR-3 Filing will start for FY 2024-25 | AY 2025-26 | ITR Filing | Income Tax Return | • When ITR-2 & ITR-3 Filing will start for F... ➡️ 9) New Regime में कौन कौन से Deductions मिलेंगे | 12 lakh से ज्यादा income पर 0 % Tax कैसे लगेगा | • New Regime में कौन कौन से Deductions मिलें... ➡️ 10) What is Form 15 G & Form 15 H | Who can submit it | Form 15G/15H भरने से TDS deduct नहीं होगा | • What is Form 15 G & Form 15 H | Who can su... @nstaxwalla ____________________________ Follow us on ✅ Facebook : / zcjuhvvocawre6lf ✅ Instagram : / nstaxwalla ✅ Youtube : / @nstaxwalla 🌐 Website : https://nstaxconsultancyundri.com/ Email us on 📧 [email protected] ____________________________ ☎️For Consultation Book Appointment on Below Link Message NS Tax Consultancy-Undri on WhatsApp. https://wa.me/919913954249 Note : Write " Youtube" on whatsapp message. ___________________________________________ Disclaimer : Our videos are for educational purpose only, we are not responsible for any action which you have taken after watching our videos.
