💨 Abstract

The India SME Forum has urged the Indian government to reconsider the implementation timeline of the Invoice Management System (IMS) under the Goods and Services Tax (GST) framework. The Forum cites significant operational and financial challenges faced by Micro, Small, and Medium Enterprises (MSMEs) in integrating IMS, and calls for a phased implementation to allow small businesses to adapt without distress.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖