A Quick Guide for CFOs | Implications of the New GST Invoice Management System:

U r explanation is so good

Bills marked/kept Pending in IMS will not become part of current month's 2B but what will happen when those bills will be marked as Accepted later in future ?
Will those bills come in that future 2B when Accepted ?

awesome madam

Hi,

1. How Invoice till Aug'24 activity for which credit is not taken will become part of IMS and credit can be availed?
2. What if I reject Credit Note related to Staff's Mediclaim expenses for which I have not taken credit of original invoice (reason being credit related to staffwelfare expenses are ineligible for credit), Dont it impact the GSTR-3B of Medical Insurance company ?