The IRISGST Times
Volume 82 | October, 2024
What’s Inside
Dear Readers,
Welcome to the latest edition of our IRIS GST Times Newsletter!
November brings a festive boost for businesses, with heightened demand in retail, e-commerce, and services as Diwali and other celebrations drive consumer spending. Companies ramp up inventory and logistics while leveraging seasonal marketing to meet demand and prepare for year-end goals and upcoming fiscal planning. We have written an article that you may find useful: Diwali Cleaning Checklist for Accountants.
On the GST front, there were quite a few changes and updates in October. There were new GST Notifications that have also been released. We have published a few important articles that will surely help you make your compliance smoother.
Here’s a glimpse of what’s inside this month’s edition:
- Top GST News & Articles on Latest Updates in October 2024
- Webinars and Events
- IRIS GST Software – IMS Functional
- Compliance Calendar for November 2024
Read on to discover the latest trends, decisions, and discussions shaping the GST regime in India this month.
Thank you for choosing to stay informed with us.
Happy Reading!
Warm Regards,
Meghana Pawar,
Editor, IRISGST Times
GST Updates
Product Highlight
Announcing the New IMS Integration with IRIS GST Software for Enhanced GST Compliance
We’re thrilled to announce that IRIS has become one of the first to integrate the newly launched Invoice Management System (IMS) into our compliance suite!
This cutting-edge addition, in alignment with the government’s latest mandate, is here to transform your GST compliance process and boost your ITC efficiency like never before.
How IMS Can Benefit You:
- Seamlessly sync your IMS invoices with your Purchase Register to stay ahead with GSTR-3B filings.
- Easily reconcile IMS invoices, allowing you to make timely and informed decisions on supplier invoices.
- Perform bulk actions on invoices based on your reconciliation, utilizing custom filters and categories for precision.
- Gain clear insights into your reconciliation progress with a detailed comparative summary.
- Repeat these steps as often as needed to ensure accuracy before filing your GSTR-3B.
- Communicate directly with suppliers regarding IMS invoices with just a click.
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 November 2024.
Click here to read: GST Due Dates- November 2024 Calendar
By Swati Ajmera
We hope you enjoyed reading this issue of IRIS GST Times and found it informative!
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