The GSTN on 22.09.2024, has issued frequently asked questions (FAQs) on IMS to get a better understanding of the new functionality.

With the Introduction of Invoice Management System (IMS), the taxpayers interaction with invoices and business processes will change. This innovative feature empowers taxpayers to seamlessly accept, reject, or keep invoices pending in the system to avail later as and when required, streamlining the reconciliation process, and ensuring greater accuracy and efficiency in GST compliance.

To access the FAQs Click here