GST Version 2.25
IMS: JSON Creation and Upload with Captcha and OTP
The Invoice Management System (IMS) is the facility of the GST system that allows recipients to accept, reject, or keep pending invoices or records filed by suppliers in GSTR-1/1A/IFF, ensuring accurate Input Tax Credit (ITC) claims. IMS was launched on the GST Portal on October 1, 2024, and taxpayers can take action on invoices/records received from 14th October 2024 onwards.
So, we have added this new IMS feature under the GSTR-2 section. Now, you can download all relevant GST (invoice) data directly from the IMS by logging into the GSTN portal by verifying through Captcha or OTP. Once downloaded and the relevant status is updated against each invoice, you can quickly create and upload JSON files to GSTN.
Latest Enhancements Implemented for GSTR-3B
- New Columns Added to GSTR-3B Payment Screen
The latest enhancement for GSTR-3B has been made. Under the Payment screen in the GSTR-3B form, four new columns have been added, providing more detailed data for better clarity. - Allowed negative value in GSTR3B 3.1.1 to 3.1.5
Also, you can now enter negative values in GSTR-3B in sections 3.1.1 to 3.1.5, making it easier to adjust and correct your filings as needed.
Party-Wise Totals and Excel Export in GST Reports
In the Reports section, a new “Download Partywise” option has been added for GSTR-1, GSTR-2, GSTR-2A, and GSTR-2B. This feature makes it easier to track and reconcile your transactions by providing consolidated totals for each party. Additionally, you can now export these detailed reports to Excel, giving you a clear, organized view of your party-wise data for further analysis.
GSTR-9 Enhancements: Amendments in Outward Supplies (Table 4)
Under the Annual Return section, we have got the latest enhancements for GSTR-9 to make your filing process more comprehensive and accurate. Now, under “Get All Sections Data”, amendments to outward supplies with taxable values are fetched to Table 4, Rows K and L, and amendments to outward supplies without taxable values are shown in Table 4, Rows J and K.
GSTR-9C Data Retrieval from All Sections
We’ve enhanced the GSTR-9C entry process to make it faster and more efficient. Now, in the Annual Return section, you can use the “Get All Section Data” option to retrieve details to all sections of GSTR-9C in one go. You can also modify and update the entry after fetching the details.
e-Invoice: “View Report on Govt Portal” Button for E-Way Bill Preview
A new feature has been added to the e-invoice module for your convenience. Now, with the “View Report on Govt Portal” button, you can preview the E-Way Bill directly as provided by the E-way bill portal.
TDS/TCS for Section TDS: Download and Upload Status to GSTN Portal
A new feature has been introduced as TDS/TCS section for managing TDS/TCS. Now, you can easily download and upload TDS/TCS status directly to the GSTN Portal, under the “Others” menu, making it simpler to keep track of the TDS/TCS records accurately for your return filing.
