Negative Impact of the GST Portal's New Invoice Management System on Quarterly Return Filers

The Goods and Services Tax (GST) portal has recently introduced a significant update in the form of an Invoice Management System (IMS). While this is a step towards improving compliance and reducing errors, it has brought new challenges for taxpayers, especially those filing quarterly GST returns. The non-generation of GSTR-2B for the first two months of a quarter has created hurdles for taxpayers…