GST Advisory Summary – Import of Goods in IMS (Effective Oct 2025)
– A new feature is added in the Invoice Management System (IMS) on the GST portal for imported goods.
– Bill of Entry (BoE) details filed for imports (including SEZ) will now appear in IMS.
– Taxpayers can accept, reject, or keep pending each BoE entry.
– If no action is taken, the BoE will be deemed accepted.
– Based on the status, the GSTR-2B will be auto-generated by the portal on the 14th of the following month.
– This helps ensure better reconciliation of import data with ITC claims.
Action Required: Regularly review and update BoE entries in IMS to avoid ITC mismatches.