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New-functionality-in-GST-Portal|Legal Suvidha

New functionality in GST Portal

By MayankWadhera

A new functionality has been introduced in the GST Portal for Viewing & Downloading month-wise Comparative Table on Liability Declared and Credit Claimed.

  • A facility has been provided to normal taxpayers to view and download a report on tax liability as declared in their Form GSTR- 1 and as declared & paid in their return filed in Form GSTR 3B. The new facility enables the taxpayers to view these two liabilities in one table for each return period at one place, which can be compared. This will enable taxpayers to make good of any differences between the two Forms filed by them on GST Portal.
  • This functionality has been provided in Returns dashboard on the GST Portal to taxpayers under the headings “Comparison of liability declared and ITC claimed”.
  • Normal taxpayers have also been provided information regarding data of Input tax credit (ITC) as claimed in their Form GSTR 3B and as accrued in Form GSTR 2A. Now taxpayers can see both these data sets and compare the input tax credit availed by them. The data can also be downloaded in Excel file for viewing and comparison later on.
  • Normal Taxpayer has been provided with the facility to view the liability paid due to reverse charge as declared & paid in Form GSTR 3B and as accrued in Form GSTR 2A, due to uploading of such details by the supplier in Form GSTR-1.
  • The data can also be downloaded in Excel file for viewing and comparison later on.
  • Normal Taxpayer can view and compare the liability related to exports & SEZ supplies as declared in their Form GSTR-3B during the month [as per table 3.1(b)] and liability as declared in their Form GSTR-1 (Zero-rated supplies) as per table 6A, 6B, 9A, 9B & 9C of the Form GSTR 1.

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