Reject / Pending/Accept etc. Option in New GST Return from 2022 -- its True ???

The query regarding the Accept, Reject, or Pending option in GST returns refers to the Invoice Management System (IMS).

While the discussion in the shared forum post from 2021 speculated about these features, the Invoice Management System (IMS) was officially implemented on the GST portal starting in October 2024.

Key Facts About the Invoice Management System (IMS)

• Purpose: The IMS allows recipient taxpayers to actively manage invoices, debit notes, and credit notes uploaded by suppliers in their GSTR-1, GSTR-1A, or IFF. This determines which invoices flow into the GSTR-2B and are thus eligible for Input Tax Credit (ITC).

• Three Possible Actions:

  • Accept: The record flows into GSTR-2B, and the ITC becomes available for claiming in GSTR-3B.

  • Reject: The record is excluded from GSTR-2B, and no ITC is auto-populated for that invoice in GSTR-3B.

  • Pending: The record is parked and deferred to a future tax period. It does not flow into the current GSTR-2B or GSTR-3B.

• Deemed Acceptance: If no action is taken by the recipient by the GSTR-2B generation cut-off date, the records are deemed accepted and will flow into GSTR-2B automatically.

• Time Limit: Pending records must be addressed within the time limits prescribed under Section 16(4) of the CGST Act (typically by November 30th of the following financial year or the date of filing the annual return, whichever is earlier).

Summary

The speculation from 2021 was a precursor to the actual Invoice Management System (IMS) introduced in 2024. It is now a mandatory and active part of GST compliance that allows you to control your ITC claims by categorizing supplier invoices as Accept, Reject, or Pending.