GSTN has issued an advisory dated 17.10.2024 on Hard – Locking of auto-populated liability in GSTR-3B\n <\/p>\n
1. In order to assist taxpayers in filing their returns and minimizing human errors, GSTN has continuously improving the GST return filing process and in this endeavor the GST Portal now provides a pre-filled GSTR-3B form, where the tax liability is auto-populated from the declared supplies in GSTR-1\/ GSTR-1A\/ IFF by the supplier, while the Input Tax Credit (ITC) is auto-populated from GSTR-2B. A detailed system generated pdf of the auto populated GSTR-3B is also provided to all the taxpayers.\n <\/p>\n
2. Now, taxpayers also have a facility to amend their incorrectly declared outward supplies in GSTR-1\/IFF through GSTR-1A, allowing them an opportunity to correct their liabilities before filing their GSTR-3B. Additionally, to manage inward supplies and ensure accurate ITC claims in GSTR-3B, taxpayers have the option to take informed actions of accept\/reject\/pending on inward supplies via the Invoice Management System (IMS) which is now available to the taxpayers.\n <\/p>\n
3. It may be noted that tentatively from January 2025 tax period, the GST Portal is going to restrict making changes in auto-populated liability in pre-filled GSTR-3B from GSTR-1\/1A\/IFF to further enhance accuracy in return filing. It is once again suggested hereby that in case any change is required in auto-populated liability, the same may please be handled through GSTR-1A.\n <\/p>\n
4. However, locking of auto-populated ITC in GSTR-3B, after the roll out of IMS, will be implemented from a later date. For the same a separate advisory would be issued after addressing all the issues related to IMS, raised by the trade.<\/p>\n","protected":false},"excerpt":{"rendered":"
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