On September 23, 2025, the GSTN issued an advisory note announcing new changes to the IMS. The changes are aimed at simplifying the taxation system and reducing the compliance burden on taxpayers.
The changes announced are:
- Pending action for specified records: Specified records can be kept in pending status for a limited time. Monthly taxpayers can keep records pending for a month, and quarterly taxpayers for a quarter. The due date for keeping records pending is calcu…