November 11, 2020
1. GSTN has previously introduced Form GSTR-2B, which is a static report with detailed ITC information available to taxpayers for the tax period. GSTR-2B is an Automated Input Tax Credit (ITC) report that is created for each recipient based on information provided by their suppliers in the respective ISD forms, GSTR-1 and 5 and GSTR-6. Click here for details; https://www.gst.gov.in/newsandupdates/read/396
2. GSTN has also introduced a PDF statement download feature for taxpayers submitting monthly GSTR-1 statements with system-calculated values in Table 3 of the GSTR-3B form. This PDF is created based on the values you provided on your GSTR-1 return for the tax period indicated. Please click here for more detailshttps://www.gst.gov.in/newsandupdates/read/398
3. To continue the project of linking returns, GSTN has now introduced the automatically completed GSTR-3B form in PDF format for the benefit of taxpayers. The automatically completed PDF of Form GSTR - 3B includes:
- Liabilities from Form GSTR-1 in Table 3.1 (A, B, C and E) as well asin Table in 3.2.
- The liability in the Table 3.1 (d) as well as the ITC, Input Tax Credit in the Table 4 which is from the auto drafted Input Tax Credit statement which is from the Form GSTR - 2B.
4. From the tax period starting from October 2020, this facility will be made available to the tax payers in the Form GSTR - 3B dashboard.
5. All the tax payers who are registered as the following, are allowed to avail the facility:
· Casual tax payers
· Normal tax payers
· SEZ units
· SEZ developers
6. In the GSTR 3B dashboard you will be able to find the system generated PDF. In order for the tax payer to get the access to the PDF they need to follow these steps:
· Firstly, logon to your GST Portal
· Then go to the “Returns dash board” option
· From that, you need to select the required Return period
· Then click on GSTR - 3B
· Then select the System Generated 3B option
