GST Advisory on introduction of Pending Option for Credit Notes and declaration of Reversal amount in IMS

Government has issued GST Advisory on introduction of Pending Option for Credit Notes and declaration of Reversal amount in IMS dated 17-10-2025. A new facility in the Invoice Management System (IMS) has been recently introduced on the GST portal wherein the taxpayers are allowed to keep credit notes as “Pending” for one tax period. Further, the IMS functionality have also been enhanced providing a flexibility to the taxpayers to modify their ITC reversal on acceptance of such credit notes thereby resolving many business disputes.

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GST Advisory on Pending option in Credit notes and declaration of reversal in IMS

https://www.gst.gov.in/newsandupdates/read/631