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Additional FAQ (Frequently Asked Questions) on IMS (Invoice Management System)

Oct 17th, 2024

Invoice Management System (IMS) is now available to taxpayers. This new system shall facilitate taxpayers in matching their records/invoices vis a vis issued by their suppliers for availing the correct Input Tax Credit (ITC). Taxpayers can now make use of this facility to seamlessly accept, reject, or keep invoices pending in the system to avail later as and when required. The first GSTR-2B on the basis of actions taken in IMS would be generated for the return period Oct’24 on 14th November, 2024. Please click here for some additional frequently asked questions (FAQs) on IMS to get a better understanding of the new functionality.


Thanking You,
Team GSTN

Previous FAQ (Frequently Asked Questions) on IMS (Invoice Management System)

Sep 22nd, 2024

With the Introduction of Invoice Management System (IMS), the taxpayers interaction with invoices and business processes will change. This innovative feature empowers taxpayers to seamlessly accept, reject, or keep invoices pending in the system to avail later as and when required, streamlining the reconciliation process, and ensuring greater accuracy and efficiency in GST compliance. Please click here for frequently asked questions (FAQs) on IMS to get a better understanding of the new functionality.

Thanks,
Team GSTN


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Oct 17, 2024


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