GSTN made new changes in auto-populated ITC details in GSTR-3B on the GST Portal
The Goods and Service Tax Network ("GSTN") has made the new changes in auto-populated Input Tax Credit ("ITC") details in GSTR-3B on the GST Portal.
- Now GSTN will auto-populate ITC (net of credit notes) in Table 4(A) of GSTR-3B. That means, Net ITC available including amendments (Invoices + Debit Notes – Credit Notes) shall be auto-populated in Table 4(A). However earlier credit notes were being auto-populated separately as reversals in Table 4(B)(2). The same were not being adjusted from Table 4(A).
- The said change has been implemented keeping in mind the amounts auto-populated in Table of 6A of GSTR-9 – “Total amount of ITC availed through GSTR-3B” and reconciliation between GSTR-9 and GSTR-3B.
