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  2. 3 days ago · The Invoice Management System, or IMS, is a new feature within the GST portal that will allow recipient taxpayers to accept, reject, or keep invoices filed by their supplier taxpayers pending. Mismatches between invoices filed by suppliers and returns submitted by recipients are a significant issue taxpayers face when claiming input tax credits.

  3. FAQs on Invoice Management System (IMS) Page . 1. of . 9. Frequently Asked Questions : Invoice Management System (IMS) Sr No. Question Reply 1. What is Invoice Management System (IMS)? Invoice Management System (IMS) is a facility in GST system, where the invoices/records saved/filed by the supplier in GSTR-1/1A/IFF

  4. Sep 18, 2024 · What is Invoice Management System (IMS)? IMS is a facility which shall be provided on GST portal w.e.f. 14 October 2024 (i.e. for September 2024 return onwards). In this facility, the recipient shall be provided with an option to review the input tax credit invoices to either accept, reject or keep it pending for later acceptance or rejection ...

  5. Sep 6, 2024 · GSTN introduces Invoice Management System (IMS) for GSTR-2B preview and ITC claims. Taxpayers can accept, reject, or hold invoices before filing GSTR-3B.

  6. 5 days ago · The Invoice Management System (IMS) is a new feature on the GST portal that streamlines invoice management and ITC claims. Learn how IMS works, its key features, and the benefits it offers to taxpayer.

  7. In a significant leap forward in the Goods and Services Tax (GST) ecosystem, the GST Common Portal has unveiled a groundbreaking new facility, the Invoice Management System (IMS), revolutionizing the way recipient taxpayers interact with invoices.

  8. Sep 10, 2024 · Invoice Management System (IMS) is a new functionality being developed on the GST portal which allows taxpayers to manage their invoices more efficiently. It enables recipient taxpayers to accept, reject, or to keep it pending in the system, which can be availed later. 54th GST Council Meeting Update.