Important note for Invoice Management System (IMS) on GST portal
Dear Channel Partner/ Customers,
Hope all well at your end!
As you are aware that GSTN has recently issued an advisory introducing the facility of Invoice Management System ('IMS') effective from 01 October 2024. Accordingly, the recipient of the goods or services would now have an option to take action such as Accept, Reject or Pending with respect to auto-populated data on the GSTN portal basis generation of IRNs / filing of GSTR 1 by the supplier, so that GSTR 2B can be accordingly computed for the respective recipient.
As clarified in the advisory, the IMS would be an optional facility for taxpayers to reduce errors in claiming input tax credit and improve reconciliation and accordingly, it would be open for the recipient to decide if they would want to avail this facility of IMS.
In case, your goodself opts to avail the benefit of this IMS facility, the same should be informed in writing to the below mentioned single point of contact (SPOC).
SPOC details:
| Name of SPOC | Contact details | Email ID |
| Satish Shetty | 022-66511152 | satish.shetty@oocl.com |
| Anushka Bhalerao | 022-66511169 | anushka.bhalerao@oocl.com |
| Nikhil Agarwal | 022-66511157 | nikhil.agarwal@oocl.com |
Also, before taking any “reject" action in the IMS, the above SPOC should be informed in writing as this would have direct impact on the GST to be discharged by the Company in its monthly GSTR 3B.
In case of any query raised by our team with respect to the proposed action to be taken by you, it is requested and expected that all possible co-operation is extended to the Company and adequate clarification / response is shared on priority.
We appreciate your prompt attention to this matter and seek for your continued co-operation.
IMS Advisory
Thank you for your understanding.
