What is Invoice Management System (IMS) under GST: Key Features, Benefits & How Does It Work

The Goods and Services Tax Network is constantly streamlining its GST portal and introducing new features to simplify compliance and auditing for taxpayers. The latest is the Invoice Management System (IMS), which will go live on 1st October 2024. It aims to help significantly manage the process of ITC claims.  This article discusses the key features and benefits of the Invoice Management Sys…