Invoice management system on Gst Portal | IMS on GST portal | How to file IMS on GST portal
To enable taxpayers to efficiently address invoice corrections/amendments with their suppliers through theportal, a new communication process called the
Invoice Management System (IMS)
is being brought up atportal. This will also facilitate taxpayer in matching of their records/invoices vis a vis issued by their suppliersfor availing the correct Input Tax Credit (ITC) and shall allow the recipient taxpayers to either accept or reject aninvoice or to keep it pending in the system, which can be availed later
This facility shall be available to the taxpayer from 1st October onwards on the GST portal. Please
click here
toread the complete advisory on IMS.
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This video is merely a general guide meant for learning purposes only. All the instructions, references, content or documents are for educational purposes only and do not constitute a legal advice. We do not accept any liabilities whatsoever for any losses caused directly or indirectly by the use/reliance of any information contained in this video or for any conclusion of the information. Prior to acting upon this video, you're suggested to seek the advice of your financial, legal, chartered accountant, tax professional advisors as to the risks involved may be obtained and necessary due diligence, etc may be done at your end.
30 сен 2024