Goods and Services Tax

Goods and Services Tax – GST Dated:- 6-7-2021 – News – GST Revenue collection for June 2021 ₹ 92,849 crore gross GST revenue collected in June 2021 The gross GST revenue collected in the month of June 2021 is ₹ 92,849 crore of which CGST is ₹ 16,424 crore , SGST is ₹ 20,397, IGST is ₹49,079 crore (including ₹25,762 crore collected on import of goods) and Cess is ₹6,949 crore (including ₹809 crore collected on import of goods).The above figure includes GST collection from domestic transactions between 5 th June to 5 th July 2021 since taxpayers were given various relief measures in the form of waiver/reduction in interest on delayed return filing for 15 days for the r

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bill data for the month of May 2021 shows that during the month, 3.99 crore e-way bills were generated as compared to 5.88 crore in the month of April 2021, down by more than 30%. However, with reduction in caseload and easing of lockdowns, the e-way bills generated during June 2021 is 5.5 crore which indicates recovery of trade and business. The daily average generation of e-way bill for the first two weeks of April 2021 was 20 lakh, which came down to 16 lakh in last week of April 2021 and further to 12 lakh in the two weeks between 9 th to 22 nd May. Thereafter, the average generation of e-way bills has been increasing and has reached again to 20 lakh level since week beginning 20 th June. Therefore, it is expected that while the

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Goods and Services Tax – GST Dated:- 30-6-2021 – News – On the eve of completion of 4 years of the GST, CBIC to honour the tax payers contributing to the GST success story CBIC to issue certificates of appreciation to honour contributions of tax payers Government reaffirms its commitment to continuous improvement in taxpayer services GST is a historic tax reform introduced on the 1st of July 2017. Over the years there has been a reduction in the tax rates, simplification of procedures and a growing economy has also led to an exponential increase in the tax base. GST revenues have steadily grown and have been above the 1 lakh crore mark for eight consecutive months in a row . On the eve of completion of 4 years of the GST, it h

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15131 Karnataka 7254 Tamil Nadu 5589 Haryana 3459 West Bengal 2977 Telangana 2863 Rajasthan 2527 Uttar Pradesh 2179 Gujarat 2162 Punjab 1709 Madhya Pradesh 1694 Kerala 1385 Delhi 1163 Uttarakhand 895 Assam 583

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Mizoram 24 Arunachal Pradesh 2 Nagaland 2 Andaman and Nicobar Islands 2 Manipur 1 Lakshadweep Islands 1 Ladakh 1 Total 54,439 While it is widely acknowledged that the Nation meets its obligations towards spending in various social sectors and welfare schemes and infrastructure development out of revenues mobilized through tax payments by millions of honest tax payers, this step marks the first effort by the Government to directly commu

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Functionality to register complaint on misuse of PAN in GST Registration – Goods and Services Tax – GST Dated:- 29-6-2021 – News – – News – Press release – PIB Tax Management India – taxmanage

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Goods and Services Tax – GST Dated:- 19-6-2021 – News – Various new functionalities are implemented on the GST Portal, from time to time, for GST stakeholders. These functionalities pertain to different modules such as Registration, Returns, Advance Ruling, Payment, Refund and other miscellaneous topics. Various webinars are also conducted as well informational videos prepared on these functionalities and posted on GSTNs dedicated YouTube channel for the benefit of the stakeholders. To view module wise functionalities deployed on the GST Portal and webinars conducted/ Videos posted on our YouTube channel, refer to table below: Webinar Topic New functionalities related to Refunds

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Goods and Services Tax – GST Dated:- 16-6-2021 – News – Various new functionalities are implemented on the GST Portal, from time to time, for GST stakeholders. These functionalities pertain to different modules such as Registration, Returns, Advance Ruling, Payment, Refund and other miscellaneous topics. Various webinars are also conducted as well informational videos prepared on these functionalities and posted on GSTNs dedicated YouTube channel for the benefit of the stakeholders. To view module wise functionalities deployed on the GST Portal and webinars conducted/ Videos posted on our YouTube channel, refer to table below: Sl.No Taxpayer functionalities deployed on the GST Portal during

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Goods and Services Tax – GST Dated:- 12-6-2021 – News – The 44th GST Council met under the Chairmanship of Union Finance Corporate Affairs Minister Smt Nirmala Sitharaman through video conferencing here today. The Council in its meeting has decided to reduce the GST rates on the specified items being used in Covid-19 relief and management till 30 th September, 2021. The meeting was also attended by Union Minister of State for Finance Corporate Affairs Shri Anurag Thakur besides Finance Ministers of States UTs and senior officers of the Ministry of Finance States/ UTs. The details of recommendations are given below : S. No. Description Present GST R

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Oxygen, Oxygen generation equipment and related medical devices 1. Medical Grade Oxygen 12% 5% 2. Oxygen Concentrator/ Generator, including personal imports thereof 12% 5% 3. Ventilators 12% 5% 4. Ventilator masks / canula / helmet 12% 5% 5. BiPAP Machine 12% 5% 6. High flow nasal canula (HFNC)

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Goods and Services Tax – GST Dated:- 12-6-2021 – News – As part of our constant endeavour to provide a smooth and hassle free experience to the taxpayers and simplify the process for them, to comply with their GST compliances, following functionalities are recently deployed or are being deployed on the portal shortly: Sl.No. Module Form/ Functionality Functionality released/ to be released for Taxpayers 1 Ledgers Negative liability statement made available to composition taxpayers In case of a negative liability in any tax period of a composition taxpayer (and if no amount is re

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orted by their registered suppliers in their Form GSTR-1 / GSTR-5 and by their TDS deductors in their Form GSTR-7 . A facility to download the details of Form GSTR-4A , in an Excel file would be made available to the taxpayers, soon. This Excel file would contain consolidated summary of the supplies at GSTIN level, for the complete financial year, which are required to be reported in Annual Return filed by them in Form GSTR-4. This summary will also be auto-populated in Table 4A and 4B of their Form GSTR-4. 3 Front Office Inclusion of common names in the HSN Directory and its download in excel format by the taxpayers The c

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Goods and Services Tax – GST Dated:- 9-6-2021 – News – Table-12 of GSTR-1 pertains to the data related to the HSN-code wise supplies of goods services declared in the aforesaid GSTR-1 . It has been reported that in the GSTR-1 for the tax period of May 2021, the Total Invoice value field in the preview PDF is displaying a value as 0 (zero) instead of N.A, in the cases where the taxpayer has not reported any value in the concerned Table-12 of GSTR-1 . Technical team is working to

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Goods and Services Tax – GST Dated:- 5-6-2021 – News – The Government, vide Notification No. 19/2021, dated 1st June, 2021 , inter alia, has waived the late fee payable, in excess of amount as specified in the Tables, as given below: (Note: Please refer to respective State/UT Notifications for waiver of State/UT tax). A . For the registered persons who have failed to furnish the return in FORM GSTR-3B , for the months /quarter of July, 2017 to April, 2021, by the due date: Sl.No Return in FORM GSTR-3B for the month/ quarter of Amount of Central State/UT tax payablein the return If Return furnished between

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Goods and Services Tax – GST Dated:- 5-6-2021 – News – GST Revenue collection for May 2021 ₹ 1,02,709 crore gross GST revenue collected in May The gross GST revenue collected in the month of May 2021 is ₹ 1,02,709 crore of which CGST is ₹ 17,592 crore , SGST is ₹ 22,653, IGST is ₹ 53,199 crore (including ₹ 26,002 crore collected on import of goods) and Cess is ₹ 9,265 crore (including ₹ 868 crore collected on import of goods).The above figure includes GST collection from domestic transactions till 4 th of June since taxpayers were given various relief measures in the form of waiver/reduction in interest on delayed return filing for 15 days for the return filing month M

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Goods and Services Tax – GST Dated:- 5-6-2021 – News – Government has granted waiver from payment of interest and/or late fee to normal (Monthly / Qtrly) composition taxpayers for the tax periods of March, April May, 2021, vide Notn. Nos. 18/2021 19/2021 , both dtd. 1st June, 2021. The details are summarized below: Relaxation to normal taxpayers in filing of monthly return in Form GSTR-3B Sl.No. Tax Period Class of taxpayer (Based on AATO) Due date of filing Reduced Rate of Interest Waiver of late fee till First 15 days from due date Next 45

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st 15 days from due date Next 30 days From 46 th day onwards 1 April, 2021 ₹ 5 Cr. 20 th May 9% 18% 18% 4 th June, 2021 Up to ₹ 5 Cr 20 th May Nil 9% 18% 4 th July, 2021 Sl.No. Tax Period Class of taxpayer (Based on AATO) Due date of filing Reduced Rate of Interest Waiver of late fee

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Goods and Services Tax – GST Dated:- 3-6-2021 – News – Government has extended the dates of various compliances by Taxpayers under GST vide Notn No 12/2021-CT, dated 1st May, 2021, r/w Notn No 17/2021 CT dated 1st June, 2021 , Notn No 14/2021-CT, dated 1st May, 2021 ,r/w Notn No 24/2021-CT, dated 1st June, 2021 , Notn No 25/2021-CT, dated 1st June, 2021 , Notn No 26/2021-CT, dated 1st June, 2021 . The details are summarized below: A. Filing of Form GSTR-1/IFF by Normal Taxpayers: Sl.No. Form Type To be filed by Tax period Due Date/last date DDue Date/ last date Extended till 1

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axpayers (Annual Return) FY 2020-21 30th April, 2021 31st July, 2021 2 GSTR-5 Non Resident Taxpayers (NRTP) March/April/May, 2021 20th April/ May/June, 2021 30th June, 2021 3 GSTR-6 Input Service Distributors (ISD) April/May, 2021 13th May/June, 2021 30th June, 2021 4 GSTR-7 Tax Deductors at Source (TDS deductors) -do- 10th May/June, 2021 30th June, 2021

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Goods and Services Tax – GST Dated:- 1-6-2021 – News – In view of the decision of GST Council taken in its 43rd meeting dt. 28.05.2021 , the timeline for filing of the Application for Revocation of Cancellation for those applicants, for whom the due date of filing such application was falling between 15 April to 29th June, 2021, has been extended up to 30th June, 2021. Thanking You, Team GSTN – News – Press release – PIB Tax Management India – taxmanagementindia –

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Goods and Services Tax – GST Dated:- 29-5-2021 – News – Recommendations of 43rd GST Council meeting COVID-19 related medical goods including Amphotericin B for free distribution given full exemption from IGST upto 31.08.2021 Custom duty exemption also given to Amphotericin B Amnesty Scheme to provide relief to taxpayers regarding late fee for pending returns ; Late fee also rationalised for future tax periods Simplification of Annual Return for Financial Year 2020-21 The 43rd GST Council met under the Chairmanship of Union Finance Corporate Affairs Minister Smt. Nirmala Sitharaman through video conferencing here today. The meeting was also attended by Union Minister of State for Finance Corporate Affairs Shri Anurag Thakur besides Finance Ministers of States UTs and senior officers of the Ministry of Finance States/ UTs. The GST Council has made the following recommendations relating to changes in GST rates on supply of goods and services and changes

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ther relief in individual item of COVID-19 after Group of Ministers (GoM) submits report on 8th June 2021 As regards individual items, it was decided to constitute a Group of Ministers (GoM) to go into the need for further relief to COVID-19 related individual items immediately. The GOM shall give its report by 08.06.2021. OTHER RELIEFS ON GOODS To support the LympahticFilarisis (an endemic) elimination programme being conducted in collaboration with WHO, the GST rate on Diethylcarbamazine (DEC) tablets has been recommended for reduction to 5% (from 12%). Certain clarifications/clarificatory amendments have been recommended in relation to GST rates. Major ones are, – Leviability of IGST on repair value of goods re-imported after repairs GST rate of 12% to apply on parts of sprinklers/ drip irrigation systems falling under tariff heading 8424 (nozzle/laterals) to apply even if these goods are sold separately. SERVICES To clarify tho

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any time before or at the time of issuance of completion certificate. To extend the same dispensation as provided to MRO units of aviation sector to MRO units of ships/vessels so as to provide level playing field to domestic shipping MROs vis a vis foreign MROs and accordingly, – GST on MRO services in respect of ships/vessels shall be reduced to 5% (from 18%). PoS of B2B supply of MRO Services in respect of ships/ vessels would be location of recipient of service To clarify that supply of service by way of milling of wheat/paddy into flour (fortified with minerals etc. by millers or otherwise )/rice to Government/ local authority etc.for distribution of such flour or rice under PDS is exempt from GST if the value of goods in such composite supply does not exceed 25%. Otherwise, such services would attract GST at the rate of 5% if supplied to any person registered in GST, including a person registered for payment of TDS. To clarify that GST is payable

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late fee capped to a maximum of ₹ 1000/- (₹ 500/- each for CGST SGST) per return for other taxpayers; The reduced rate of late fee would apply if GSTR-3B returns for these tax periods are furnished between 01.06.2021 to 31.08.2021. 2. Rationalization of late fee imposed under section 47 of the CGST Act : To reduce burden of late fee on smaller taxpayers, the upper cap of late fee is being rationalized to align late fee with tax liability/ turnover of the taxpayers, as follows: A . The late fee for delay in furnishing of FORM GSTR-3B and FORM GSTR-1 to be capped, per return, as below: (i) For taxpayers having nil tax liability in GSTR-3B or nil outward supplies in GSTR-1 , the late fee to be capped at ₹ 500 (₹ 250 CGST + ₹ 250 SGST) (ii ) For other taxpayers: a. For taxpayers having Annual Aggregate Turnover (AATO) in preceding year upto ₹ 1.5 crore, late fee to be capped to a maximum of ₹ 2000 (

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In addition to the relief measures already provided to the taxpayers vide the notifications issued on 01.05.2021, the following further relaxations are being provided to the taxpayers: A. For small taxpayers (aggregate turnover upto ₹ 5 crore) a. March April 2021 tax periods: i. NIL rate of interest for first 15 days from the due date of furnishing the return in FORM GSTR-3B or filing of PMT-06 Challan, reduced rate of 9% thereafter for further 45 days and 30 days for March,2021 and April, 2021 respectively. ii. Waiver of late fee for delay in furnishing return in FORM GSTR-3B for the tax periods March / QE March, 2021 and April 2021 for 60 days and 45 days respectively, from the due date of furnishing FORM GSTR-3B . iii. NIL rate of interest for first 15 days from the due date of furnishing the statement in CMP-08 by composition dealers for QE March 2021 , and reduced rate of 9% thereafter for further 45 days. b. For May 2021 t

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to 31.07.2021. 3. Extension of due date of filing ITC-04 for QE March 2021 to 30.06.2021. 4. Cumulative application of rule 36(4) for availing ITC for tax periods April, May and June, 2021 in the return for the period June, 2021. 5. Allowing filing of returns by companies using Electronic Verification Code (EVC), instead of Digital Signature Certificate (DSC) till 31.08.2021. D. Relaxations under section 168A of the CGST Act : Time limit for completion of various actions, by any authority or by any person, under the GST Act, which falls during the period from 15th April, 2021 to 29th June, 2021 , to be extended upto 30th June, 2021 , subject to some exceptions. [Wherever the timelines for actions have been extended by the Hon ble Supreme Court, the same would apply] 4 . Simplification of Annual Return for Financial Year 2020-21: i. Amendments in section 35 and 44 of CGST Act made through Finance Act, 2021 to be notified. Thi

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GST Council Meeting as on 28-5-2021 – Goods and Services Tax – GST Dated:- 28-5-2021 – News – Press briefing by Union Finance Minister Nirmala Sitharaman Post GST council Meeting – News – P

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Goods and Services Tax – GST Dated:- 17-5-2021 – News – Rule-60(7) of CGST Rules-2017 prescribes for generation of auto-drafted statement containing the details of input tax credit in FORM GSTR-2B for counter-party recipients. As per Rule-60(8) of CGST Rules-2017 , FORM GSTR-2B shall be made available to the recipients after the Due date of filing GSTR-1 /IFF by the suppliers. Notification No. 12/2021-CT and 13/2021-CT, both dated 1st May 2021 extend the Due date of GSTR-1 a

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Goods and Services Tax – GST Dated:- 15-5-2021 – News – New Delhi, May 15 (PTI) – Amid a growing chorus over the GST Council meeting not being convened for over seven months, the Union Finance Ministry on Saturday announced that the next meeting of the panel that decides on taxes on goods and services will be held on May 28. After over a dozen central and state levies such as excise duty, service tax and VAT were subsumed in a nationwide Goods and Services Tax (GST) in 2017, the Council, headed by Union Finance Minister and including representatives of all states and union territories, was mandated to meet every quarter to deliberate on issues at hand. The GST Council last met on October 5, 2020 to finalise contours

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e meeting to discuss the issue of compensation shortfall to states and other pending items. You are kindly aware that the GST Council was mandated to meet once in every quarter. Unfortunately, this solemn mandate has been violated twice over, by not calling a meeting of the Council for two consecutive quarters – not even virtually. This has undermined a federal institution, where all states are represented irrespective of political parties, regions or size of population, along with the Government of India. I fear that not holding meetings regularly also lead to a trust deficit, Mitra wrote. When GST was implemented, states were promised that they will be compensated for any shortfall in tax revenues arising out of th

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Goods and Services Tax – GST Dated:- 5-5-2021 – News – Various new functionalities are implemented on the GST Portal, from time to time, for GST stakeholders. These functionalities pertain to different modules such as Registration, Returns, Advance Ruling, Payment, Refund and other miscellaneous topics. Various webinars are also conducted as well informational videos prepared on these functionalities and posted on GSTNs dedicated YouTube channel for the benefit of the stakeholders. To view module wise functionalities deployed on the GST Portal and webinars conducted/ Videos posted on our YouTube channel, refer to table below: Sl. No. Taxpayer functionalities deployed on the GST Portal

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Goods and Services Tax – GST Dated:- 5-5-2021 – News – Government has extended the dates of various compliances by Taxpayers under GST, through Central Tax Notification Nos. 10/2021 , 11/2021 , 12/20211 , 13/2021 , 14/2021 , all dated 1st May, 2021. The details are summarized below: D. Filing of Form GSTR-1 /IFF by Normal Taxpayers: Sl.No. Return Type(Form) To be filed by Tax period Due Date Due Date Extended till 1 Form GSTR-1 (Monthly) Normal Taxpayer filing Monthly returns April, 2021 11.05.2021

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GSTR-5 Non Resident Taxpayers (NRTP) March/ April, 2021 20th April/ May, 2021 31st May, 2021 3 GSTR-6 Input Service Distributors (ISD) April, 2021 13th May, 2021 31st May, 2021 4 GSTR-7 Tax Deductors at Source (TDS deductors) -do- 10th May, 2021 31st May, 2021 5 GSTR-8 Tax Collectors at Source (TCS collectors) -do- 10th May, 2021 31st Ma

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Goods and Services Tax – GST Dated:- 4-5-2021 – News – Government has granted waiver from payment of interest and/or late fee to normal (Monthly / Quarterly) composition taxpayers for the tax periods of March and April, 2021, through Central Tax Notification Nos. 08/2021 and 09/2021 , both dated 1st May, 2021. The details are summarized below: A. Relaxation to normal taxpayers in filing of monthly return in Form GSTR-3B Sl. No. Tax Period Class of taxpayer (Based on AATO) Due date of filing Reduced Rate of Interest Waiver of late fee till First 15 days from due date Ne

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19 th June, 2021 B. Relaxation in filing of Form GSTR-3B (Quarterly) by Taxpayers under QRMP Scheme Sl. No. Tax Period Class of taxpayer (Based on AATO) Due date of filing Reduced Rate of Interest Waiver of late fee till First 15 days from due date Next 15 days From 31 st day onwards 1 March, 2021 Form GSTR-3B (Quarterly) 22/24 th April, 2021, (Group A/B) Nil 9% 18%

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Goods and Services Tax – GST Dated:- 3-5-2021 – News – Ad hoc Exemption from IGST on imports of specified COVID-19 relief material donated from abroad As customs duty is already exempt , these imports will not attract any customs duty or IGST In view of the COVID-19 pandemic, the Central Government has issued notifications exempting Basic Customs Duty and/or Health cess on imports of a number of COVID-19 related relief materials, for a limited period. These include- S. No. Notification Purpose 1 27/2021-Customs dated 20.04.21 (as amended by notification No.29/2021-Customs dated 30.4.21 ) Remdesivir injectio

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tral Government has vide Ad hoc exemption Order number 4/2021 dated 3 rd May, 2021 has granted exemption from IGST on import of such goods received free of cost for free distribution for covid relief. This exemption shall apply till 30 th June, 2021. It would also covers goods already imported but lying uncleared on the date of its issuance of exemptioni.e. today. The exemption shall be subject to the following conditions: State Government shall appoint a nodal authority in the State for the purpose of this exemption. As per section 2 (103) of the Central Goods and Services Tax Act, 2017 , state include a Union territory with Legislature. The Nodal authority so appointed shall a

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Goods and Services Tax – GST Dated:- 3-5-2021 – News – In view of the challenges faced by taxpayers in meeting the statutory and regulatory compliances under Goods Services Tax (GST) law due to the outbreak of the second wave of COVID-19 pandemic, the Government has issued notifications, all dated 1 st May, 2021, providing various relief measures for taxpayers. These measures are explained below: 1. Reduction in rate of interest: Concessional rates of interest in lieu of the normal rate of interest of 18% per annum for delayed tax payments have been prescribed in the following cases . a. For registered persons having aggregate turnover above ₹ 5 crore: A lower rate of interest of 9 p

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of interest for first 15 days from the due date of payment of tax and 9 per cent for the next 15 days, and 18 per cent thereafter has been notified for the tax payable for the quarter ending 31st March, 2021, payable in April 2021. 2. Waiver of late fee a. For registered persons having aggregate turnover above ₹ 5 crore: Late fee waived for 15 days in respect of returns in FORM GSTR-3B furnished beyond the due date for tax periods March, 2021 and April, 2021, due in the April 2021 and May 2021 respectively; b. For registered persons having aggregate turnover upto ₹ 5 crore: Late fee waived for 30 days in respect of the returns in FORM GSTR-3B furnished beyond the due date f

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Certain amendments in CGST Rules : a. Relaxation in availment of ITC: Rule 36(4) i.e. 105% cap on availment of ITC in FORM GSTR-3B to be applicable on cumulative basis for period April and May 2021, to be applied in the return for tax period May 2021. Otherwise, rule 36(4) is applicable for each tax period. b. The filing of GSTR-3B and GSTR-1 / IFF by companies using electronic verification code has already been enabled for the period from the 27.04.2021 to 31.05.2021. 5. Extension in statutory time limits under section 168A of the CGST Act : Time limit for completion of various actions, by any authority or by any person, under the GST Act, which falls during the period from 1

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Goods and Services Tax – GST Dated:- 1-5-2021 – News – GST Revenue collection for April 21 sets new record ₹ 1,41,384 crore gross GST revenue collected The gross GST revenue collected in the month of April 2021 is at a record high of Rs. 1,41,384 crore of which CGST is Rs. 27,837 crore , SGST is Rs. 35,621, IGST is Rs 68,481 crore (including ₹ 29,599 crore collected on import of goods) and Cess is Rs. 9,445 crore (including ₹ 981 crore collected on import of goods). Despite the second wave of COVID-19 pandemic affecting several parts of the country, Indian businesses have once again shown remarkable resilience by not only complying with the return filing requirements but also paying their GST dues in

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this period. Closer monitoring against fake-billing, deep data analytics using data from multiple sources including GST, Income-tax and Customs IT systems and effective tax administration have also contributed to the steady increase in tax revenue. Quarterly return and monthly payment scheme has been successfully implemented bringing relief to the small taxpayers as they now file only one return every three months. Providing IT support to taxpayers in the form of pre-filled GSTR 2A and 3B returns and ramped up System capacity have also eased the return filing process. During this month the government has settled ₹ 29,185 crore to CGST and ₹ 22,756 crore to SGST from IGST as regular settlement. The total revenue of Centre and

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Goods and Services Tax – GST Dated:- 16-4-2021 – News – 1. Government of India, Ministry of Finance (Department of Revenue), CBIC, vide Notification No 82/2020 Central Tax, dated 10th Nov., 2020, has revised Rule 61 of the Central Goods and Services Tax Rules, 2017 , to provide for staggered filing of Form GSTR-3B , for the tax periods from January, 2021, onwards, as under: Sl.No. Class of registered persons who have Opted for Having principal place of business in the State/ UT of Due date of filing of Form GSTR- 3B , from January, 2021, onwards 1 Monthly filing of Form GSTR-3B All States and

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Goods and Services Tax – GST Dated:- 14-4-2021 – News – With effect from 1st January, 2021, all taxpayers with Annual Aggregate Turnover up to ₹ 5 Crore have been given an option to file their Form GSTR-1 Statement and Form GSTR-3B return on a quarterly basis. They also have an option to file B2B invoice details in Invoice Furnishing Facility (IFF) for months 1 and 2 (eg. Jan and Feb) of the quarter in order to pass on the credit, whereas the remaining invoices have to be declared in the Quarterly Form GSTR-1 of Month 3 (e.g. March). I. The salient points related to filing of Form GSTR-1 Statement auto-population of liability in Form GSTR-3B for taxpayers under QRMP Scheme for the quarter Jan-Mar., 2021, are summariz

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TR-3B , for the taxpayers under QRMP Scheme, will be auto-populated on the basis of IFF filed, if any, for the Jan and Feb months and quarterly Form GSTR-1 for the Quarter. Liability on account of inward supplies attracting reverse charge in Table 3.1 (d) is auto-populated from the taxpayer s FORM GSTR 2B . The System computed liability will also be made available in PDF format on taxpayer s GSTR-3B (Quarterly) dashboard. Note: Data in Saved/ Submitted stage in Form GSTR-1 or in IFF, will not be auto-populated as Liability, in Table-3 of Form GSTR 3B . II. Matching Offline Tool a) The Matching Offline Tool has been updated for taxpayers under QRMP Scheme. In the Matching tool dashboard page, an option to select the quar

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