The GST Network (GSTN) has expanded the Invoice Management System (IMS) to include Import of Goods, effective from the October 2025 tax period.
This enhancement allows taxpayers to view and take action on Bills of Entry (BoE) — including those from Special Economic Zones (SEZs) — directly through the IMS dashboard, creating a unified system for both domestic and import ITC tracking.
🧾What’s New in the System
A new “Import of Goods” tab has been introduced with four subcategories:
- IMPG: Imports from overseas
- IMPG (Amendments): For value or GSTIN changes
- IMPGSEZ: Imports from SEZs
- IMPGSEZA (Amendments): Amendments for SEZ imports
Taxpayers can now accept or keep a BoE pending. If no action is taken, it will be auto-accepted and reflected in GSTR-2B by the 14th of the following month.
In cases of GSTIN changes, IMS automatically updates ITC reversals for the previous GSTIN and activates availability for the new one, ensuring accuracy and compliance.
Functional Enhancements
GSTIN Amendment Handling:
IMS now auto-generates reversal entries for old GSTINs and credits for new ones when BoE details change. Users can record partial or full reversals as needed.
GSTR-2B & 2A Integration:
New fields capture amendment type, ITC reduction details, and provide separate Excel sheets for each import category.
💡Impact on Businesses
The update enables easier ITC reconciliation and provides a unified view of inward supplies, covering both domestic and import transactions.
With updated GSTR-2A/2B data and categorized import details, businesses can avoid duplicate ITC claims and ensure accurate audit and compliance records.
🔗 Link for detailed advisory: https://www.gst.gov.in/newsandupdates/read/634