New IMS on GST Portal Aims to Curb ITC Discrepancy Notices and Reduce Litigation

Last updated: 13 November 2024

The Goods and Services Tax (GST) portal's recently launched Invoice Management System (IMS) is set to significantly decrease the number of notices issued over Input Tax Credit (ITC) discrepancies, potentially easing compliance burdens and reducing litigation, according to tax experts and Chartered A

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