Import of goods IMS telated

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The client is in QRMP scheme and the GSTR-2B import of goods has already taken in GSTR-3B ITC for the entire year(2024-25), but currently the IMS (Import of Goods) is showing the data of Import of goods for the entire year (2024-25), is it mandatory to accept it or optional now?

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Quick Summary
This discussion clarifies whether accepting Import of Goods (IMS) data is mandatory for businesses under the QRMP scheme. While it's not compulsory to accept IMS entries if IGST has already been claimed in GSTR-3B, it's advisable to reconcile the IMS data with your records. Failure to do so could lead to queries from the tax department during scrutiny. Therefore, it's best practice to verify the IMS data and accept it only if it matches your claims, ensuring your GST records are accurate and consistent.

Based on the current GST framework, accepting the IMS (Import of Goods) data is not mandatory.
If the import IGST has already been fully claimed through GSTR-3B throughout the year, the portal does not require you to compulsorily accept the IMS entries. IMS is primarily a reconciliation tool to help ensure that the import details recorded in the GST system match your actual records.

However, you should keep the following points in mind:

  1. If there is any mismatch between the IMS import data and the ITC you have already claimed, the department may seek clarification during future scrutiny or notice proceedings.

  2. Therefore, best practice is to verify the IMS data and accept it only after confirming that there are no discrepancies, so your GST records remain clean and consistent.

In similar cases handled with support from GetMyCA, the clarification provided by them was that acceptance of IMS entries is optional, and taxpayers generally choose to accept it only after ensuring that there are no mismatches in the figures.

We have already checked GSTR-2B at the time of filing of GSTR 3b so now Ims action required? What is Last date of acceptance of IMS for financial year 24.25 IMport of goods data??

We have already checked GSTR-2B at the time of filing of GSTR 3b so now Ims action required? What is Last date of acceptance of IMS for financial year 24.25 IMport of goods data??

We have already checked GSTR-2B at the time of filing of GSTR 3b so now Ims action required? What is Last date of acceptance of IMS for financial year 24.25 IMport of goods data??

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