The GST landscape is evolving, and two major updates are on the horizon. Starting 1st October 2024, the Invoice Management System (IMS) will be live on the GST portal, providing businesses with enhanced control over their ITC claims by enabling timely actions on purchase invoices. If used effectively, IMS could be a game changer in ensuring precise and hassle-free ITC management.

In parallel, B2C e-Invoicing will soon launch on a pilot basis in select sectors and states, transforming how consumer-facing businesses, including retail giants and e-commerce operators, manage their GST invoicing processes. The recent announcement at the 54th GST Council meeting signals significant operational shifts for finance teams, with implications for ERP systems, compliance strategies, and risk mitigation.

Join us for this exclusive webinar tailored for CFOs and Finance Leaders. Our expert panel will break down the latest GST updates, walk you through how B2C e-Invoicing and IMS will work, and discuss actionable steps for a smooth transition. You’ll gain valuable insights into potential challenges, business impacts, and how to prepare your teams and systems for these changes.

challenges, business impacts, and how to prepare your teams and systems for these changes. Don’t miss this opportunity to stay ahead of the curve—ensure your enterprise is ready for the next chapter in GST compliance.

• Introduction to B2C e-Invoicing & IMS : Know what led to the announcement of the B2C e-Invoicing system and IMS tool on the GST portal.
• B2C e-Invoicing Implementation Plan & Applicability : Explore the pilot plan and sector/state-specific applicability of e-Invoicing for consumer-facing businesses.
• IMS Workflow & Benefits of Using IMS : Discover the detailed workflow of IMS and how it is connected with GSTR-1/2B & 3B for enhancing accuracy and control over ITC claims.
• Business Implications of the New GST Updates : Assess the impact of B2C e-Invoicing and IMS on your business operations and compliance strategy.
• Potential Challenges & Team/System Preparedness : Identify potential roadblocks and discover practical strategies for implementation and risk management.
• How can Clear help Enterprises Ensure Absolute Compliance : Learn how Clear’s advanced solutions/platform ensure hassle-free implementation and compliance with new GST norms.
• Live Q&A : Get your specific questions answered by experts to ensure clarity on the new GST changes.