Invoice Management System (IMS) | GSTR-2B & GSTR-9 Updates for FY 2023-24 | GSTR 9 Updates

‪@AcademyCommerce‬
📢 *New Invoice Management System (IMS) Launched for Taxpayers* - 14th October 2024 📅
The Government has launched the *Invoice Management System (IMS)* for all taxpayers from **14th October 2024**. This system helps taxpayers in matching their invoices with their suppliers for the accurate claim of **Input Tax Credit (ITC)**.
👉 Taxpayers can start taking actions on the invoices available in IMS from today itself.
🗓️ *First GSTR-2B Generation:* For **October 2024**, GSTR-2B will be generated on **14th November 2024**.
*Important Information about GSTR-9 and ITC Auto-population:*
**From FY 2023-24**, the GST portal will auto-populate eligible ITC from **GSTR-2B to GSTR-9**.
The changes in *GSTR-9 and GSTR-9C* are effective from **15th October 2024**.
A *validation utility* will help taxpayers review ITC data progressively for *FY 2023-24* (from April 2023 to March 2024).
#InvoiceManagementSystem #GSTUpdates #InputTaxCredit #IMSLaunch #GSTR9Update #GSTR2B #TaxCompliance #ITCAutoPopulation #GSTPortal #IndianTaxation #GSTR9C #GSTSystem #academycommerce #commerceacademy
Invoice Management System, GST Updates 2024, IMS Launch, Input Tax Credit, GSTR-2B, GSTR-9, GSTR-9C, Tax Compliance, GST Portal, Indian Taxation, ITC Auto-population, Taxpayer Guide, Invoice Matching System, GST Validation Utility
Disclaimer:-
This video is made only for educational purposes, and it does not serve any other purpose. The content is not professional advice or a recommendation. If you use the information from this video, you are doing it at your own risk, and you are fully responsible for any actions or outcomes.
This video is not meant to spread rumors or harm any person, group, religion, or community. If any part of this video hurts anyone’s feelings unintentionally, we apologize. Please do not take the content too seriously.
We recommend that you do your own research and make decisions carefully. The information in this video cannot replace professional help, so please consult experts if needed. The creator is not responsible for any direct or indirect results that come from using this content.

[@AcademyCommerce]

Attention all students! The forms for GSTR 9/9C of FY 23-24 have been released, which means the filing of the Annual Return for FY 23-24 has now begun. A live class on GSTR 9/9C will start today at 08:40 PM. Attending this class is mandatory; otherwise, you may face challenges in performing GST-related tasks properly. Please note that the GSTR 9/9C live class is a bit lengthy, so ensure you attend it with proper decorum. Kindly prepare one notebook and bring one pen to the class. Thanks, Commerce Academy

[@sunilkumarprasad3476]

Excelent

[@Popular_street_foood]

Thanks to inform sir 🤩🤩🤩

[@lokeshdevadiga141]

Good information sir Tq very much...

[@madhavpanchal1624]

Nice

[@72yogendra]

nice sir

[@aacreations1758]

Namaste sir

[@Truthlife8712]

Sir . Quarterly! Firm hai . Our abi kam suro huaa hai . Our bill cash me . Kiya ham use nill return fill kar sakte hai

[@ArunKumar-dy1vj]

Sir Gstr 9 par vedio banaiye

[@Cafoundations-w4g]

Nice