Key GST Updates Every Business Should Know – Recent updates on Indian Goods and Service Tax

1. Changes in the E-Way Bill System

GSTN has introduced two important changes to the E-Way Bill system, effective 1 August 2026.

  1. Mandatory Ship-To GSTIN
    For Bill-To/Ship-To transactions, businesses must now enter the GSTIN of the actual delivery location. If the consignee is unregistered, “URP” (Unregistered Person) should be entered. This will improve the tracking of goods and reduce reporting errors.

  2. Voluntary E-Way Bill Closure
    A new facility allows suppliers, buyers, or transporters to close an E-Way Bill once goods have reached their destination. This helps businesses keep better records and makes reconciliation easier.

2. GSTR-3B Hard Locking and Invoice Management System (IMS)

GST compliance is becoming more system driven. As per the earlier  Advisory No. 606 dated June 07, 2025, From the July 2025 tax period, taxpayers cannot edit the auto-populated tax liability in GSTR-3B. The values now come directly from GSTR-1, GSTR-1A, and IFF, ensuring consistency between returns. If an error is found before filing GSTR-3B, it should be corrected through GSTR-1A. After GSTR-3B is filed, corrections can only be made in later returns.

The Invoice Management System (IMS) allows businesses to accept, reject, or keep supplier invoices pending before claiming Input Tax Credit (ITC). Businesses should review IMS every month and reconcile it with GSTR-2B.

3. Proposed ITC Hard Locking

GSTN is expected to introduce hard locking of Table 4 of GSTR-3B (Input Tax Credit) in the future. Although no official notification or implementation date has been announced, businesses should strengthen their reconciliation process by regularly matching purchase records with GSTR-2B and reviewing invoices in IMS to stay prepared for this change.

4. New Annexure-B Utility for ITC Refunds

GSTN has made the Annexure-B Offline Utility mandatory for certain ITC refund claims. Instead of uploading a PDF, businesses must prepare invoice details in the Excel utility and upload the generated JSON file. The utility applies to refunds for exports without payment of tax, supplies to SEZs, inverted duty structure, and export of electricity. Businesses should ensure correct invoice classification, report ITC reversals properly, and reconcile invoices with GSTR-2B before filing refund applications.


How Eurofast can help

Eurofast can help your business meet GST requirements by supporting GST return filing, E-Way compliance, ITC reconciliation, refund applications, and regular compliance checks. We also help you understand the latest GST changes, reduce compliance risks, and make sure your business stays compliant with GST laws.

Author: Chetan Sharma

For any further information, or personalised assistance, contact us at [email protected]

Related posts:

Get your free download

Enter your details below and we'll send the PDF to your inbox.

Gated content