Clarification regarding IMS

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This query is : Resolved

Quick Summary

If your GSTR 2A shows an invoice for inward supply, but you don't wish to claim its Input Tax Credit (ITC) and will instead book the full value as an expense, you don't need to reject it in the IMS portal. The recommended approach is to accept the invoice in IMS, then claim the ITC in GSTR-3B's Table 4A and immediately reverse it in Table 4B(2). This ensures the transaction is validated without causing a mismatch and allows you to treat the GST as a business expense.

Neha

Neha (Querist)

15 February 2025 Dear Sir/Madam
Plz guide
If my GSTR 2A is Showing record of an invoice of inward supply to me BUT I DO NOT DESIRE TO CLAIM ITS ITC of this Invoice in GSTR 3B. I will take full invoice value as an expense in accounts.
Do I need to REJECT this invoice in IMS ?
or let it remain in IMS. and not claim in GSTR 3B

ASHWANI DHANUKA

ASHWANI DHANUKA (Expert)

16 February 2025 Accept in IMS. Claim the ITC and also reverse in 4B1

Aashok Kumar Sharma

Aashok Kumar Sharma

(Expert)

10 May 2026 To handle invoices in IMS where ITC is not desired, Accept the invoice in the IMS portal to validate the transaction, then report it in GSTR-3B by claiming it in Table 4A and reversing it in Table 4B(2). This allows you to legally treat the GST paid as a business expense in your accounts without triggering a mismatch notice.

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