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Tax Compliance Updates, Delivered Monthly
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What’s Inside

Dear Readers,

Welcome to the 101th Edition of our Newsletter IRIS GST Times! 😊

As many of you already know, IRIS GST officially became part of Sovos, a global leader in tax compliance technology, effective August 2025. This marks an exciting new chapter for us, and we wanted you to hear it directly from us first.

Here is the link to the full press release here in case you missed it: Sovos Press Release

But here’s the most important part: While our brand is evolving, our commitment to you remains exactly the same. You will continue working with the same team, receiving the same level of support, expertise, and service you’ve always trusted.

We look forward to sharing more with you in the months ahead, and will keep you informed every step of the way.

Here’s a glimpse of what’s inside this month’s newsletter:

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    Top GST News & Articles on Latest Updates in May 2026
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    Webinars and Events
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    IRIS GST Software
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    Compliance Calendar for June 2026

Thank you for choosing to stay informed with us.

Happy Reading!

Warm Regards,
Meghana Pawar,
Editor, IRISGST Times

Latest GST News
Latest GST News
Dive into the latest developments and essential updates in the GST realm by exploring our featured article: “Top GST News for the Month.” Stay informed and ahead of the curve with our curated insights and analyses.
Readers' Choice of the Month
Readers' Choice of the Month
This month, the article that attracted the highest attention is – From 1 KM to 1000 KM: When is an E-Way Bill Required & How Long is it Valid?
Top Finance News of the Month
Top Finance News of the Month
May 2026 kept India’s financial landscape buzzing. On the regulatory front, the Finance Act 2026 overhauled GST treatment for intermediary services by revising the “place of supply” rules, a move expected to resolve litigation worth nearly ₹3,300 crore and open up export incentives for Indian service providers. Adding to the mix, inflation concerns crept back amid rising oil prices and supply chain uncertainty, with economists expecting the RBI to tread carefully on interest rates in the months ahead.
GST Updates
Handling of Inadvertently Rejected invoices on IMS
Technology for streamlining ITC
GST reconciliation
Product
Highlight

Streamline your GST Compliance
with IRIS GST Software with
enhanced IMS integration

Proactive GSTR-2B Impact Flags
Proactive GSTR-2B Impact Flags
Easily identify which invoices in IMS will affect your upcoming GSTR-2B. With the “Current Month 2B?” flag, focus only on actionable items and reduce ITC loss due to delayed follow-ups.
Auto-Generated HSN Summary & Document Details
Auto-Generated HSN Summary & Document Details
Stay compliant with Phase III mandates. IRIS GST Software auto-generates the HSN Summary and Document Details from uploaded invoice data thus saving time and ensuring accuracy.
GSTR-1A Amendments Made Easy
GSTR-1A Amendments Made Easy
With the upcoming GSTR-3B now hard-locked, IRIS GST enables seamless invoice correction via GSTR-1A. Review recipient rejections, amend returns, and avoid interest or penalties, all from one platform.
Unlock Superior Management by Strategically Mapping Litigation Issues
Vendor-Level Risk Insights
Spot high-risk vendors instantly using compliance scores and ITC risk indicators. Drill down into filing frequency, cancellation status, and e-invoice applicability to safeguard your ITC.
GST Compliance Calendar

A comprehensive GST Compliance Calendar, curated for you to aid in adhering to GST regulations. It includes all the GST due dates for June 2026.

Click here to read: GST Due Dates – June 2026 Calendar

By CA Vaishali Dedhia

We hope you enjoyed reading this issue of IRIS GST Times and found it informative! Do write back to us and let us know what was a hit or miss for you.    
Our email id: support@irisgst.com

We welcome and value every feedback, be it via comments, replies on social platforms or emails. Thank you for appreciating our efforts and staying connected.

Contact Us

Have feedback for us?

Want to request for our product demos? Please reach out to us at

Website
https://irisgst.com/
Phone
+91 22 6723 1000
Email
support@irisgst.com
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