The finance glossary

GSTR-2B, IMS, ITC, Rule 37 and friends — defined in plain English.

Form DRC-01C (Rule 88D)

e-Invoicing

GSTR-2A

GSTR-2B

GSTR-3B hard-locking

Invoice Management System (IMS)

Input Service Distributor (ISD)

Input Tax Credit (ITC)

Reverse Charge Mechanism (RCM)

Rule 37 (180-day ITC reversal)

Rule 37A (supplier non-payment reversal)

Section 16(2)(aa)

Section 16(4) (ITC time limit)

Section 17(5) (blocked credits)

TCS under Section 52