NEW AUTO POPULATION FEATURE IN GSTR-3B FROM GSTR-1 & GSTR-2B
The GSTR 3B form is a return form declared by the Indian government for the return filing only of GST implementation. The GSTR 3B form will continue till March 2021 according to the official central tax notification.
The Central Board of Indirect Taxes and Customs (CBIC) has introduced a new feature of Auto population of data in Form GSTR-3B from GSTR-1 and GSTR-2B.
The assessee will be enabled through the auto-population of system computed details computed in Form GSTR-3B from November 2020 Tax Period onwards on the furnishing of Form GSTR-1 on monthly grounds. Similar to that it will be done on the subsequent grounds.
Liabilities in tables-3.1 & 3.2 of Form GSTR-3B excluding the Table-3.1 (d) seeking to inward supply eligible for a reverse charge, are calculated through the system of outward supplies as furnished in Form GSTR-1 for the tax duration as from the information
Input Tax Credit (ITC) specifications and features of inward supplies subject to reverse charge, to be listed in Tables-4 and 3.1 (d) respectively, are computed as per system-generated Form GSTR-2B for the tax period
PDF Format of GSTR-3B FORM
In the pdf format, the auto-populated Form GSTR-3B is available also on the dashboard of Form GSTR-3B in the table-wise format. By tapping the system “Generated GSTR-3B” tab the similar to it will get downloaded.
Copyright © 2019 - All Right Reserved