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Taxation Central Ministry of Finance Central Goods and Services Tax Act, 2017

CBIC (GST) issues an advisory regarding New Changes in Invoice Management System (IMS)

23-Sep-2025 | NA

CBIC (GST) has issued an advisory outlining new changes in the Invoice Management System (IMS). As per the advisory, a new feature has been introduced on the IMS portal, allowing taxpayers to declare the amount of Input Tax Credit (ITC) actually availed, and to indicate the amount (if any) that needs to be reversed for a particular invoice or record. Additionally, taxpayers are now allowed to keep certain records in a "pending" status for a limited period: - For monthly filers, this period is one tax period (i.e., one month). - For quarterly filers, it is one tax period (i.e., one quarter). The functionality for keeping credit notes pending and declaring the ITC amount, as described above, will be effective on the portal starting from the October tax period. The due date for marking records as pending will be determined based on the date or tax period in which the relevant documents were communicated by the supplier. For more information, kindly refer to the attached document.

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