https://www.taxtmi.com/news?id=59245 IMS permits marking certain supplier records as "Pending" for one subsequent tax period, applicable to credit notes, specified amendments, and ECO-document downward amendments; the pending window equals the GSTR-2B period plus one tax period, after which records are deemed accepted if no action is taken. On acceptance the recipient is asked whether ITC needs to be reduced; selecting No prevents reversal, selecting Yes allows full reversal or optional declaration of a partial reversal amount, which will adjust the recipient's ITC in GSTR-2B and populate GSTR-3B. en-us Sat, 18 Oct 2025 13:17:06 +0530 Wed, 11 Feb 2026 16:00:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=59245 IMS permits marking certain supplier records as "Pending" for one subsequent tax period, applicable to credit notes, specified amendments, and ECO-document downward amendments; the pending window equals the GSTR-2B period plus one tax period, after which records are deemed accepted if no action is taken. On acceptance the recipient is asked whether ITC needs to be reduced; selecting No prevents reversal, selecting Yes allows full reversal or optional declaration of a partial reversal amount, which will adjust the recipient's ITC in GSTR-2B and populate GSTR-3B. News - Sat, 18 Oct 2025 13:17:06 +0530 https://www.taxtmi.com/news?id=59245