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Invoice Management System ( IMS ) facility Goes Live on GST Portal: Here’s All You Need to Know

Update / Judgement Date

14 Oct 2024

Source

Taxscan

Author

Team — WCP Legal Desk

Reading Time

1 min read

GST

The GST portal’s Invoice Management System (IMS) facility has gone live, offering features like real-time invoice tracking and validation. This system aims to enhance compliance and streamline the invoicing process for businesses under GST. The IMS provides a centralized platform for managing invoices, reducing errors, and ensuring timely submission of GST returns. The new facility is expected to improve the overall efficiency of the GST system.