GST InvoiceNow Ready
GST InvoiceNow New Compliance Automation Opportunities
GST InvoiceNow is an initiative that requires GST-registered businesses to transmit invoice data directly to the Inland Revenue Authority of Singapore (IRAS) .
GST InvoiceNow is based on the international Peppol framework, a standardised digital way of sending and receiving invoice between the accounting systems of two parties. Invoice data is sent securely through the InvoiceNow network via an accredited Access Point (AP) provider. A copy of the invoice data is automatically transmitted directly to the IRAS. For businesses transacting with non-InvoiceNow users, invoice data must still be recorded in the solution and transmitted to IRAS
This digital process streamlines tax administration and is part of a wider effort to improve business efficiency.
This mandate is being progressively rolled out with key dates listed below:
From 1 May 2025 2025: Soft launch for early adoption. 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.
From 1 November 2025: Mandate for newly incorporated companies that register for GST voluntarily.
From 1 April 2026: Mandate for all new voluntary GST-registrants.
There are plans to progressively extend mandatory participation to new compulsory GST registrants and existing GST-registered businesses.
Receiving E-Invoices
Ability to receive E-invoices as per the IMDA standards and display them correctly
Sending E-Invoices
Ability to send E-invoices as per the IMDA standards
SMP Friendly
Ability to register user business on the platform to the Singapore’s Nationwide E-Invoicing Network’s Service Metadata Publisher (SMP)
User Management
Ability to locally store the Peppol ID of platform users (i.e. end user) customer or suppliers
Businesses on the network can send a sample e-invoice to the specially arranged “Echo” recipient on network. This is a special account, where the receiving system will “bounce” the incoming invoice back to the sender through a specified email address.
Instructions
Create and send a e-invoice to
Peppol/ Recipient ID:
0195:SGTSTECHOTEST01 (Courtesy of eInvoice.sg)
0195:SGTSTECHOTEST02 (Courtesy of DataPost)
Enter the return email address to which the invoice
should be bounced in either the:
– Invoice ID/No field, or
– Remarks/Notes field
Source: https://www.imda.gov.sg/programme-listing/nationwide-e-invoicing-framework/Peppol-Technical-Playbook
You can search for other businesses on the SG Peppol Directory by visiting this site https://www.peppoldirectory.sg. This site provides online search capabilities, batch checking of businesses and API access for businesses who wishes to automate their process. Watch the video guide below:
Source: https://www.imda.gov.sg/einvoice
Showcase 1
How to create a customer contact
Showcase 3
how to verify and make payment for an incoming e-invoice
Showcase 4
Upload function for e-invoice
Showcase 5
How to send an e-invoice to Singapore government agencies(through AGD)
