The GST portal has recently introduced a new feature in the Invoice Management System (IMS), aimed at simplifying credit note management and resolving disputes related to Input Tax Credit (ITC).
Key highlights of the new facility:
Mark Credit Notes as “Pending”
Taxpayers can now keep credit notes in a pending status for one tax period, allowing more time to reconcile and review transactions before acceptance.
Flexible ITC Reversal
Once a pending credit note is accepted, taxpayers can modify their ITC reversal, helping to resolve mismatches and business disputes efficiently.
Better Business Compliance
This enhancement ensures accurate ITC reporting, reduces errors in filing, and provides greater control over tax adjustments.
For a detailed understanding and step-by-step guidance, taxpayers can refer to the FAQs provided on the GST portal.
Notification Reference: GSTN
17 /10 /2025
https://shorturl.fm/xBn2I
https://shorturl.fm/aOXeq
My developer is trying to convince me to move to .net from PHP.
I have always disliked the idea because of the expenses.
But he’s tryiong none the less. I’ve been using WordPress on various websites for about a
year and am anxious about switching to another platform.
I have heard fantastic things about blogengine.net.
Is there a way I can transfer all my wordpress content into it?
Any help would be greatly appreciated!
My web page – https://www.cucumber7.com/