GST InvoiceNow Requirement

To support the nationwide InvoiceNow initiative and digitalise tax administration, GST-registered businesses will be required to submit invoice data directly to IRAS via the InvoiceNow network. This will be mandated in phases.

A soft launch for early adoption will commence from 1 May 2025. IRAS encourages all GST-registered businesses and businesses applying for GST registration on/after 1 May 2025 to transmit their invoice data to IRAS using InvoiceNow-Ready Solutions via the InvoiceNow network.

Businesses can seek support from IRAS or IMDA in their adoption of InvoiceNow. For more information on the implementation of InvoiceNow for GST-registered businesses, please refer to the IRAS webpage and IMDA webpage.

Latest News! (More info)
GST InvoiceNow Transition Grant ($1k)
GST-registered businesses with total annual supplies ≤ S$4 million* can receive a S$1k cash grant to defray the cost of subscribing to an InvoiceNow-Ready Solution Provider (IRSP) or connecting to InvoiceNow via an IMDA-accredited Access Point Provider (AP).

GST InvoiceNow Transition Grant ($5k)
GST-registered businesses with total annual supplies >S$4 million* can receive a S$5k cash grant to defray the cost of connecting to InvoiceNow via an IMDA-accredited Access Point Provider (AP).

InvoiceNow Queen Bee Grant to Drive B2B Transactions
Large enterprises (“Queen Bees”) with > S$4 million annual turnover could receive a S$25k cash grant for connecting their own custom ERP solution to InvoiceNow and transacting with their business counterparties on InvoiceNow.

(FOC) solution packages (from 1.April.2027 to 31.March.2031)
IMDA and IRAS have worked with the InvoiceNow-Ready Solution Providers (IRSPs) to provide Free-of-Charge (FOC) solution packages until 31.March.2031. OCi System Pte Ltd is proud to announce that we have been selected as one of the appointed providers, effective from 1 April 2027 to 31 March 2031.