Mastering ITC with IMS: Key Changes Impacting GSTR-3B Finalization

Webinar

Join us for this exclusive session as we break down the most recent changes and how they will impact on your GSTR-3B filings.

Date: 5th August 2025 | Time: 11 AM IST

Don’t let this opportunity pass you by.
Reserve your spot now!

Ashwini Kshirsagar

Ashwini is a Product Manager at IRIS Business Services Ltd with 12 years of experience. She is a Chartered Accountant by profession.
As a Product Manager, Ashwini plays a pivotal role in shaping the company’s GST product roadmap. Her responsibilities include in-depth research on market trends, understanding the complexities of Goods and Services Tax (GST) regulations, and translating this knowledge into product-level business strategies and validation rules.
Apart from her strategic contributions, Ashwini is actively involved in providing hands-on assistance to clients, offering solutions to critical GST-related queries. Ashwini frequently conducts product demonstrations, guiding taxpayers on leveraging the IRIS GST offerings to enhance their productivity and ensuring GST compliance with ease.
Recognizing the importance of educating taxpayers on the ever-evolving GST landscape, Ashwini takes the initiative to run various webinars focused on topics like e-invoicing and updates on GST.

The evolving ITC landscape

Importance of ITC accuracy in today’s GST ecosystem
The evolving ITC landscape in India
Regulatory push toward accuracy and traceability

Increasing importance of IMS in ITC working
Future direction: Possibility of hard lock on ITC values in GSTR-3B

IMS Enhancements & Functional Changes

A. Actionable Features for Improved Control
Handling incorrect reporting:

Use of Rejection actions
Use of Pending status to defer ITC

ITC reduction facility now available for downward amendments. Pending actions for credit notes to enable review before accepting/rejecting

B. Operational Improvements

Remarks while taking actions – aiding audit trail & internal approvals
ITC reduction fields in IMS impacting both GSTR-2B and GSTR-3B
Improved tracking and control over:ITC reversals, Reclaims

Business Impact & Strategic Benefits

Reduced manual intervention and better control on ITC lifecycle
Accurate GSTR-2B generation based on user actions in IMS

End-to-end visibility into vendor behavior and compliance
Preparing your internal business processes for upcoming changes

Technology That Makes It Happen

Why IMS is a must-adopt tool for enterprises
Capabilities to handle large volumes, bulk actions, and audit-ready documentation

How the best reconciliation tools simplify the ITC decision-making process

Live Q and A Session for all the Participants

In the wake of stricter GST enforcement and a growing emphasis on traceability, the accuracy of ITC claims is under greater scrutiny than ever before. Businesses relying on manual processes or outdated tools are struggling to keep pace, risking errors, reversals, and revenue leakage.

This webinar will demystify the latest IMS changes that directly impact your GSTR-3B finalization. From new fields and workflows to credit note handling and actionable insights, we’ll guide you through what’s changing and how to adapt. You’ll also see how to leverage technology for compliance, internal control, and audit-readiness.

Real-time vendor behavior analysis, bulk data handling, and improved audit trails are no longer optional; they’re essential tools for forward-looking tax teams. Gain clarity, take control, and equip your business to meet the new GST normal with confidence.