This document explains the Invoice Management System (IMS) under GST, a new feature on the GST Common Portal. It details how taxpayers can interact with invoices, manage them by accepting, rejecting, or deferring, and how this simplifies reconciliation and improves GST compliance. The guide covers when IMS will be available, how to find it on the portal, and how to access and manage inward supplies, categorised into 'No Action', 'Accepted', 'Rejected', and 'Pending' statuses. It's a useful resource for taxpayers looking to understand and utilise the IMS facility for efficient GST management.
The file contains the summarized information on the IMS(INVOICE MANAGEMENT SYSTEMS), an innovative feature introduced by GST Common Portal for the taxpayers. #pdf