- GSTN has earlier introduced Form GSTR-2B, a static statement with details of ITC available for a tax period, for the benefit of taxpayers.
- GSTR-2B is an auto-drafted Input Tax Credit (ITC) statement generated for every recipient, on the basis of the information furnished by their suppliers, in their respective Form GSTR-1 & 5 and Form GSTR-6 filed by ISD.
- GSTN has also introduced a facility to download pdf statements to taxpayers, who are filing monthly GSTR-1 statement, with system computed values of Table 3 of Form GSTR-3B.
- This PDF will be prepared on the basis of the values reported by them, in their GSTR-1 statement, for the said tax period.
- In continuation of the return linkage project, GSTN has now introduced auto-populated Form GSTR-3B in PDF format, for benefit of the taxpayers.
- The auto-populated PDF of Form GSTR-3B will consist of:-
- Liabilities in Table 3.1(a, b, c, and e) and Table 3.2 from Form GSTR-1
- Liability in Table 3.1(d) and Input Tax Credit (ITC) in Table 4 from auto-drafted ITC Statement from Form GSTR-2B.
- This facility is made available in the Form GSTR 3B dashboard from October 2020 tax period onwards.
- This facility will become available for taxpayers who are registered as Normal taxpayer, SEZ Developer, SEZ unit and casual taxpayer.
- The system generated PDF will be made available on the GSTR-3B dashboard.
- Taxpayers will be able to access their Form GSTR-3B (PDF) through: Login to GST Portal > Returns Dashboard > Select Return period > GSTR-3B> System Generated 3B.
[Source: www.gst.gov.in]
!! I hope it was helpful !!
!! Thank You !!
Join Us for regular updates:
On Whatsapp: Type "Updates" and send on Whatsapp Chat
For further information contact at info@commerceinsiders.com
!! Thank You !!
[Disclaimer:-This article is being furnished for informational purposes only. We make every effort to use reliable & comprehensive information, but we do not represent that the contents of the article are accurate or complete.]
