TaxTMI 
TaxTMI 
Draft Manual on Invoice Management System
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....raft Manual on Invoice Management System <br>GST<br>Dated:- 18-9-2024<br><BR>In a significant leap forward in the Goods and Services Tax (GST) ecosystem, the GST Common Portal has unveiled a ground breaking new facility, the Invoice Management System (IMS), revolutionizing the way recipient taxpayers interact with invoices. This innovative feature empowers taxpayers to seamlessly accept, reject, or keep invoices pending in the system to avail later as and when required, streamlining the reconciliation process, and ensuring greater accuracy and efficiency in GST compliance. The new system shall facilitate taxpayers in matching their records/invoices vis a vis issued by their suppliers for availing the correct Input Tax Credit (ITC). This facility is set to transform the way businesses manage their GST obligations, reducing errors, and saving time and resources. For a detailed draft manual Please Click Here. Please Note - this is a draft manual and the final version shall be published later. Thanks, Team GSTN ============= Document 1Draft Manual on Invoice Management System In a significant leap forward in the Goods and Services Tax (GST) ecosystem, the GST Common Port....
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....al has unveiled a groundbreaking new facility, the Invoice Management System (IMS), revolutionizing the way recipient taxpayers interact with invoices. This innovative feature empowers taxpayers to seamlessly accept, reject, or keep invoices pending in the system to avail later as and when required, streamlining the reconciliation process, and ensuring greater accuracy and efficiency in GST compliance. The new system shall facilitate taxpayers in matching their records/invoices vis a vis issued by their suppliers for availing the correct Input Tax Credit (ITC). As a major enhancement in the indirect taxes landscape, this facility is set to transform the way businesses manage their GST obligations, reducing errors, and saving time and resources. With this cutting-edge functionality, the GST Common Portal continues to set new benchmarks in taxpayer convenience and experience. This facility shall be available to the taxpayer from 14th October onwards on the GST portal. It may be noted that it is not mandatory to accept or reject invoices in IMS dashboard for GSTR- 2B generation. If a taxpayer chooses not to take any action on the received invoices then its GSTR-2B would be generated o....
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....n 14th of the month as being generated today. The invoices where no action would be taken by the recipient would be treated as accepted by the system and a draft GSTR-2B shall be generated including only accepted or 'no action taken' invoices. However, the recipient taxpayers are allowed to take action or change the action already taken on accepted invoices till the filing of Form GSTR-3B of the month. A detailed step wise procedure with screenshots from the GST common portal is mentioned below to guide the taxpayers for using the facility. 1. Access the www.gst.gov.in URL. The GST Home page is displayed. Login to the GST Portal with valid credentials. Click the Services > Returns > Invoice Management System (IMS) option. सतà¥à¤¯à¤®à¥‡à¤µ जयते Goods and Services Tax Government of India, States and Union Territories Skip to Main Content A+ A âš«UATPCO 32UATPY9011N1ZD Dashboard Services â–¾ GST Law Downloads â–¼ Search Taxpayer â–¾ Help and Taxpayer Facilities e-Invoice News and Updates Registration Ledgers Returns Payments User Services Refunds E-Invoice e-Way Bill System Track Application Status Returns Dashboard Track ....
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....Return Status ITC Forms TDS and TCS credit received Opt-in for Quarterly Return Return Compliance Invoice Management System (IMS) Dashboard View Filed Returns Transition Forms Annual Return Tax liabilities and ITC comparison Rule-86B Compliance Application for increasing credit limit 2. Invoice Management System (IMS) dashboard will be displayed on the screen. There are two sections: 2.1.Inward Supplies: Dashboard to view and act on inward supplies reported by your supplier in GSTR-1/IFF/GSTR-1A. 2.2.Outward Supplies: Dashboard to view status of outward supplies reported based on action taken by your recipient which shall be made available shortly. Dashboard Services â–¼ GST Law Downloads â–¼ Search Taxpayer â–¾ Help and Taxpayer Facilities e-Invoice News and Updates English Dashboard Returns IMS Dashboard Invoice Management System (IMS) Dashboard Inward Supplies VIEW Outward Supplies VIEW Note: Inward Supplies: Dashboard to view and act on Imports and inward supplies reported by your supplier in IFF/GSTR-1/1A/5/6. Outward Supplies: Dashboard to view status of outward supplies reported based on action taken by your recipient. Inward Supplies 2.1.1. To view and act on in....
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....ward supplies reported by your supplier in GSTR-1/IFF/GSTR-1A click on VIEW button on Inward Supplies tile on the dashboard. Dashboard Services ▼ GST Law Downloads ▼ Search Taxpayer ▼ Help and Taxpayer Facilities e-Invoice News and Updates → English Dashboard Returns IMS Dashboard Invoice Management System (IMS) Dashboard Inward Supplies VIEW Outward Supplies VIEW Note: Inward Supplies: Dashboard to view and act on Imports and inward supplies reported by your supplier in IFF/GSTR-1/1A/5/6. Outward Supplies: Dashboard to view status of outward supplies reported based on action taken by your recipient. 2.1.2. On clicking of VIEW button an information message will be displayed on the screen that the invoices on which no action shall be taken by the taxpayer shall be treated as accepted invoices. Click OKAY button to proceed further. Information Records, where no action is taken by taxpayer, will be considered as Deemed accepted for GSTR 2B generation. OKAY 2.1.3. On clicking OKAY button, summary page of Inward Supplies will be displayed on the screen. All other ITC tab would be selected in the default mode. Taxpayer can click on VIEW ADVISORY tab to view advis....
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....ory and can click on HELP button for clarifications and for any help. Dashboard Services GST Law Downloads ▾ Search Taxpayer ▼ Help and Taxpayer Facilities e-Invoice News and Updates English Dashboard Returns IMS Dashboard Inward Supplies Invoice Management System (IMS) Dashboard - Inward Supplies GSTIN - 32UATPY9011N1ZD Legal Name - UATPCO All other ITC All other ITC Total 111 Records S.No. Heading Inward Supplies from ISD VIEW ADVISORY HELP Trade Name - GSTN Import of Goods Number of Records No Action Accepted Rejected Pending I B2B - Invoices II III IV > B2B - Invoices (Amendments) B2B-Debit Notes B2B - Debit Notes (Amendments). B2B - Credit Notes ☠2 5 5 4 1 0 3 7 4 8 4 0 6 0 4 1 4 0 16 0 VI VII B2B - Credit Notes (Amendments) Eco [9(5)] Invoices 1 4 VIII Eco [9(5)] Invoices (Amendments) 4 4 0 4 4 4 23 3 BACK TO DASHBOARD DOWNLOAD IMS DETAILS (EXCEL) COMPUTE GSTR-2B (DEC 2023) 2.1.4. As seen from the screenshot above, the invoices saved or filed in GSTR-1/1A or IFF by the supplier and received in IMS are categorized in different sections. These sections are hyperlinks and the Taxpayer can click on any hyperlink of a respective section under Heading column to vi....
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....ew the saved/filed records in GSTR1/IFF/GSTR-1A under respective section. Further, the number of invoices where any action of accepted/rejected/pending or no action has been taken is shown in the right-side columns. The summary numbers are also hyperlinks and taxpayer can click on them to view the respective records. Taxpayer can view and take any action on the number of records under No Action, Accepted, Rejected, Pending columns/categories. By default, all saved/filed records in GSTR1/IFF/GSTR-1A comes under No action column. Dashboard Services GST Law Downloads ▾ Search Taxpayer ▼ Help and Taxpayer Facilities e-Invoice News and Updates English VIEW ADVISORY HELP Dashboard Returns IMS Dashboard Inward Supplies Invoice Management System (IMS) Dashboard - Inward Supplies GSTIN-32UATPY9011N1ZD Legal Name - UATPCO All other ITC All other ITC Total 111 Records Inward Supplies from ISD Trade Name - GSTN Import of Goods Number of Records S.No. Heading No Action Accepted Rejected Pending I B2B Invoices 2 5 5 4 II B2B - Invoices (Amendments) ☠III B2B - Debit Notes ☠10 4 8 3 7 4 0 IV B2B - Debit Notes (Amendments). 6 0 V B2B - Credit Notes ☠4 0 VI B2B - Credit....
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.... Notes (Amendments) ☠1 4 4 16 1 0 4 0 VII Eco [9(5)] Invoices 4 4 4 4 VIII Eco [9(5)] Invoices (Amendments) ☠2 3 3 4 BACK TO DASHBOARD DOWNLOAD IMS DETAILS (EXCEL) COMPUTE GSTR-2B (DEC 2023) Note: No Action: All the invoices that are saved/filed by the supplier taxpayer in their form GSTR1/IFF/GSTR-1A and on which no action has been taken by recipient taxpayer. Accepted: Number of invoices that are accepted by recipient taxpayer. Rejected: Number of invoices that are rejected by recipient taxpayer. Pending: Number of invoices that are marked pending by recipient taxpayer. The invoices can be kept pending in the system subject to the limit prescribed under law. 2.1.5. On clicking of B2B-Invoices hyperlink all the records will be displayed on the screen. As seen from the screenshot below a 'search' facility is also provided where the taxpayer can enter keywords in the Search field to identify the invoice or any other relevant field where an action is required to be taken. Dashboard Services ▾ GST Law Downloads ▾ Search Taxpayer ▾ Help and Taxpayer Facilities e-Invoice News and Updates → English Dashboard Returns IMS Dashboard Inward Supplies IMS D....
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....ashboard (Inward Supplies) - B2B Invoices (with all status) GSTIN-32UATPY9011N1ZD Legal Name - UATPCO Trade Name - GSTN Records Per Page: 10 Display/Hide Columns: Q Search VIEW ADVISORY HELP Filter T S.No. GSTIN of Supplier Trade/ Legal Name* Invoice Number * Invoice Type Accept Reject Pending Status ☠1 32UATPY9011M1ZF GSTN M1b1 Regular A R P Accepte ☠☠2 32UATPY9011M1ZF GSTN M1b2 Regular 3 32UATPY9011M1ZF GSTN M1b3 Regular (R P Accepte R P Accepte ☠4 32UATPY9011M1ZF GSTN M1b4 Regular A R P Rejecte Deemed ☠5 32UATPY9011M1ZF GSTN M2b1 Export ☠6 32UATPY9011M1ZF GSTN M2b2 Regular (+ R P Rejecte R P Accepte ☠7 32UATPY9011M1ZF GSTN M2b3 Regular A R ☠☠☠8 32UATPY9011M1ZF GSTN M2b4 Deemed Export A 9 32UATPY9011M1ZF GSTN M3b1 Regular 10 10 32UATPY9011M1ZF GSTN M3b2 Deemed Export IMS Dashboard Inward CANCEL IMS Dashboard (Inward Supplies) - B2B Invoices (with all status) GSTIN - 32UATPY9011N1ZD Legal Name - UATPCO Records Per Page: 10 ✓ Display/Hide Columns: PROCEED ⚫UATPCO 32UATPY9011N1ZD ties e-Invoice News and Updates → English Trade Name - GSTN Q Search VIEW ADVISORY HELP Filter T S.No. GSTIN of Supplier 4 Trad....
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....e/ Legal Nameâ‘ Invoice Number * Invoice Туре - Accept 1 Records Reject 1 Records Pending 1 Records Status マ 1 32UATPY9011M1ZF GSTN M1b1 Regular ☠R P Accepte 2 32UATPY9011M1ZF GSTN M1b2 Regular R P Accepte ☠3 32UATPY9011M1ZF GSTN M1b3 Regular R P Accepte ☠4 32UATPY9011M1ZF GSTN M1b4 Regular Ñл ☠5 ☠9 R P Rejecte 32UATPY9011M1ZF GSTN M2b1 Deemed Export A R P Rejecte 32UATPY9011M1ZF GSTN M2b2 Regular R P Accepte ☠7 32UATPY9011M1ZF GSTN M2b3 Regular R Deemed U 8 32UATPY9011M1ZF GSTN M2b4 Export ☠U 6 32UATPY9011M1ZF GSTN M3b1 Regular R Pendin P Rejecte Pendin 10 32UATPY9011M1ZF GSTN M3b2 Deemed Export R P Accepte 1 2 » BACK TO SUMMARY DOWNLOAD EXCEL RESET SAVE 2.1.8. After selection, taxpayer can either accept, reject or keep the said records pending by selecting the action from the header and click on SAVE button. Download available in Excel Format The details mentioned in the section wise tables can also be downloaded in a simple excel format by clicking on DOWNLOAD EXCEL button provided at the bottom. The entire table is provided in a very lucid and simple format in the excel so that the taxpayer can check and ....
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....verify all the records offline for taking any kind of action. Reset of Records The taxpayers are also provided with a RESET button for resetting all the actions taken and saved by them. The selected records can be reset by clicking on RESET button. When one or more record is selected for action RESET button is enabled. Click on BACK TO SUMMARY button to go back to summary page. Dashboard Services â–¾ GST Law Downloads â–¾ Search Taxpayer â–¼ Help and Taxpayer Facilities e-Invoice News and Updates Dashboard Returns IMS Dashboard Inward Supplies → English IMS Dashboard (Inward Supplies) - B2B Invoices (with all status) GSTIN-32UATPY9011N1ZD VIEW ADVISORY HELP Legal Name - UATPCO Trade Name - GSTN Records Per Page: 10 ☑ Display/Hide Columns: Q Search Filter T GSTIN of ã… S.No. Supplier Trade/ Legal Name * Invoice Number * Invoice Type Accept Reject Pending Status ☠。 0 ☠ப ☠U 1 32UATPY9011M1ZF GSTN M1b1 Regular 2 32UATPY9011M1ZF GSTN M1b2 Regular ☠R P Accepte R P Accepte 3 32UATPY9011M1ZF GSTN M1b3 Regular A R P Accepte 4 32UATPY9011M1ZF GSTN M1b4 Regular A R P Rejecte 5 32UATPY9011M1ZF GSTN M2b1 Deemed Export A R P Rejec....
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....te 6 32UATPY9011M1ZF GSTN M2b2 Regular 7 32UATPY9011M1ZF GSTN M2b3 Regular R P Accepte R Pending 8 32UATPY9011M1ZF GSTN M2b4 Deemed Export A R P Rejecte 9 32UATPY9011M1ZF GSTN M3b1 Regular A R 10 32UATPY9011M1ZF GSTN M3b2 Deemed Export 1 2 B2B - Credit Notes VI B2B - Credit Notes (Amendments) ☠☠4 0 16 0 1 4 4 0 VII Eco [9(5)] Invoices 4 4 4 4 VIII Eco [9(5)] Invoices (Amendments) 2 3 3 BACK TO DASHBOARD DOWNLOAD IMS DETAILS (EXCEL) COMPUTE GSTR-2B (DEC 2023) On clicking of COMPUTE GSTR-2B button a popup will be displayed on the screen. Click on AGREE AND CONTINUE button to compute. Warning Any record on the IMS dashboard where taxpayer takes no action will be deemed as accepted by the taxpayer, and credit will accordingly flow to the respective GSTR 2B. CANCEL AGREE AND CONTINUE Note: Taxpayer can check the status of recomputing request by clicking on this refresh button next to HELP button. By default, refresh will remain disabled, and it will enable only after clicking on 'Recompute GSTR 2B' button. This button will get disable again once success/ failure message of appear on screen. Outward Supplies 2.2.1. Click on VIEW button on Outward Supplies tile to view status....
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.... of outward supplies reported based on action taken by your recipient. Dashboard Services â–¾ GST Law Downloads â–¼ Search Taxpayer â–¾ Help and Taxpayer Facilities e-Invoice News and Updates English Dashboard Returns IMS Dashboard Invoice Management System (IMS) Dashboard Inward Supplies VIEW Outward Supplies VIEW Note: Inward Supplies: Dashboard to view and act on Imports and inward supplies reported by your supplier in IFF/GSTR-1/1A/5/6. Outward Supplies: Dashboard to view status of outward supplies reported based on action taken by your recipient. 2.2.2. Outward Supplies page will be displayed on the screen. Select Financial Year and Return Period from the respective dropdown list. Click on SEARCH button to proceed further. Dashboard Services â–¾ GST Law Downloads â–¾ Search Taxpayer â–¾ Help and Taxpayer Facilities e-Invoice News and Updates Outward Supplies English Dashboard Returns IMS Dashboard Invoice Managment System(IMS) Dashboard - Outward Supplies Financial Year* 2023-24 Return Periodâš« December Indicates Mandatory Fields SEARCH BACK 2.2.3. List of all B2B supplies reported in GSTR-1/IFF/GSTR-1A will be displayed on the screen in tabular man....
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....ner. Taxpayer can view the advisory by clicking on VIEW ADVISORY button and can take help by clicking on HELP button. Dashboard Services â–¼ GST Law Downloads â–¼ Search Taxpayer â–¾ Help and Taxpayer Facilities e-Invoice News and Updates Dashboard Returns IMS Dashboard Outward Supplies English Invoice Management System (IMS) Dashboard - Outward Supplies GSTIN-23VBVBV0123V1Z0 Financi Year -2022-23 Legal Name - AF COMPUTERS6 Return Period -December Universal view of B2B supplies reported in GSTR-1/1A/IFF Sr.No. Heading 1 4A, 4B, 6B, 6C - B2B, SEZ, DE Invoices 2 9B - Credit/Debit Notes (Registered) 3 15 - Supplies U/s 9(5) 4 9A - Amended B2B Invoices 5 9C - Amended Credit/Debit Notes (Registered) 6 15A - Amended Supplies U/s 9(5) Trade Name - GSTN VIEW ADVISORY HELP Rejected records (where liability added back in GSTR 3B) Number of Records 17 18 17 0 0 0 DOWNLOAD IMS SUPPLIER VIEW (EXCEL) BACK 2.2.4. Taxpayers can view the different categories of B2B supplies reported in each table by clicking on the description provided in different rows which is a hyperlink of the table or by clicking the Number of Records in the different tables which is also a hyperlink. The Number hy....
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....perlink under Number of Records column represents the count of records added in the respective table. Dashboard Services ▾ GST Law Downloads ▼ Search Taxpayer ▾ Help and Taxpayer Facilities e-Invoice News and Updates → English Dashboard Returns IMS Dashboard Outward Supplies Invoice Management System (IMS) Dashboard - Outward Supplies GSTIN-23VBVBV0123V1Z0 Financi Year -2022-23 Legal Name AF COMPUTERS6 Return Period -December Universal view of B2B supplies reported in GSTR-1/1A/IFF Sr.No. Heading 1 4A, 4B, 6B, 6C - B2B, SEZ, DE Invoices 2 9B - Credit/Debit Notes (Registered) 3 15 - Supplies U/s 9(5) 4 9A - Amended B2B Invoices 5 9C - Amended Credit/Debit Notes (Registered) 6 15A - Amended Supplies U/s 9(5) Trade Name - GSTN VIEW ADVISORY HELP Rejected records (where liability added back in GSTR 3B) Number of Records 17 18 17 0 0 0 DOWNLOAD IMS SUPPLIER VIEW (EXCEL) BACK 2.2.5. On clicking of hyperlink all the invoices reported in the table will be displayed on the screen. Taxpayer can filter the list by clicking on Filter field or by entering keywords in Search field. Taxpayer can download the details in excel format by clicking on DOWNLOAD EXCEL button an....
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....d can navigate to summary page by clicking on BACK TO SUMMARY button. Dashboard Services ▾ GST Law Dashboard Returns IMS Dashboard Downloads ▾ Search Taxpayer ▾ Help and Taxpayer Facilities e-Invoice News and Updates Outward Supplies English Invoice Management System (IMS) Dashboard - Outward Supplies GSTIN-23VBVBV0123V1Z0 Financi Year -2022-23 Legal Name - AF COMPUTERS6 Return Period -December 4A, 4B, 6B, 6C - B2B, SEZ, DE Invoices Trade Name - GSTN VIEW ADVISORY HELP Records Per Page: 10 Filter Τ Q Search Recipient GSTIN Trade/Legal Name * Invoice Invoice Number * Invoice Type * Date Total Invoice Value (*) * Total Taxable Value (*) ①Integrated Tax (*) * 24VBVBV0124V1ZX GSTN In16 27/12/2022 Regular 45,000.43 4,569.00 68.54 24VBVBV0124V1ZX GSTN In17 16/12/2022 Regular 2,345.65 322.00 24.15 24VBVBV0124V1ZX GSTN In20 27/12/2022 Regular 54,875.00 3,233.00 96.99 24VBVBV0124V1ZX GSTN Inv1 31/12/2022 Regular 12,00,000.00 12,000.22 120.01 24VBVBV0124V1ZX GSTN Inv11 19/12/2022 Regular 23,000.54 24VBVBV0124V1ZX GSTN Inv12 21/12/2022 Regular 23,452.00 23,000.00 12,345.00 345.00 30.86 24VBVBV0124V1ZX GSTN Inv13 24/12/2022 Regular 5,678.00 3,459.00 8.65 24VBVBV0124....
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....V1ZX GSTN Inv14 24VBVBV0124V1ZX GSTN Inv16 19/12/2022 22/12/2022 Regular 124.65 12.00 0.03 Deemed Export 23,456.00 2,345.00 35.18 24VBVBV0124V1ZX GSTN Inv17 27/12/2022 Regular 2,345.00 234.00 3.51 1 2 >>> DOWNLOAD EXCEL BACK TO SUMMARY Dashboard Services ▾ GST Law Downloads ▾ Search Taxpayer ▼ Help and Taxpayer Facilities e-Invoice News and Updates Dashboard Returns IMS Dashboard Outward Supplies English Invoice Management System (IMS) Dashboard - Outward Supplies GSTIN-23VBVBV0123V1Z0 Financi Year -2022-23 Legal Name -AF COMPUTERS6 Return Period -December 4A, 4B, 6B, 6C - B2B, SEZ, DE Invoices Trade Name - GSTN VIEW ADVISORY HELP? Records Per Page: 10 Filter Τ Q Search tal Taxable Integrated Central Tax Value (*) ①Tax (*) (*)^ State/UT Tax (*)^ Cess (*)^ Return Period Reported in Form Status GSTR 3B of Recipient 4,569.00 68.54 0.00 0.00 54.70 December - 22 GSTR 1 No Action Not Filed 322.00 24.15 0.00 0.00 43.40 December - 22 GSTR 1 No Action Not Filed 3,233.00 96.99 0.00 0.00 23.40 December 22 GSTR 1 Not eligible for IMS Not Filed 12,000.22 120.01 0.00 0.00 1,306.67 December - 22 GSTR 1 No Action Not Filed 23,000.00 345.00 0.00 0.00 34.54 December 22 GS....
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....TR 1 No Action Not Filed 12,345.00 30.86 0.00 0.00 43.65 December - 22 GSTR 1 No Action Not Filed 3,459.00 8.65 0.00 0.00 78.00 December - 22 GSTR 1 No Action Not Filed 12.00 0.03 0.00 0.00 42.00 December - 22 GSTR 1 No Action Not Filed 2,345.00 35.18 0.00 0.00 34.50 December 22 GSTR 1 No Action Not Filed 234.00 3.51 0.00 0.00 34.30 December 22 GSTR 1 No Action Not Filed DOWNLOAD EXCEL BACK TO SUMMARY 2.2.6. Taxpayer can view and download the invoice details for all other tables as well as mentioned above.<BR> News - Press release - PIB....