We shared an update on the introduction of GSTR-2B indicating ITC available to taxpayers (from recipient’s perspective). This intends to update on another recent development from supplier’s perspective viz. auto-population of details of GSTR-1 in GSTR-3B.

The Goods and Services Tax Network has issued Press Release on September 5, 2020, clarifying following points in this regard:

• This facility is available to taxpayers (normal, casual and SEZ developer / unit) who file their GSTR-1 on monthly basis. The facility will be extended to quarterly filers subsequently.

• Taxpayers who have filed GSTR-1 for August 2020 on or after September 4, 2020, can view a statement in PDF format on GSTR-3B dashboard and the same information will be auto populated in Table 3 of GSTR-3B. These details are:

• Turnover and tax values would be computed after considering Credit Note, Debit Note, amendment and advances (if any). If computed value is negative, then it would be reflected as zero and will not reflect in next month’s GSTR-3B. 

• The auto-populated figures would only be for reference purpose. Taxpayers need to verify and fill correct data in GSTR-3B.

NITYA Comments: With linking of data of GSTR-1 and GSTR-2B with GSTR-3B, taxpayers need to be more diligent for filling reconciled data of output supply and ITC in GSTR-1 and GSTR-3B. These changes will increase taxpayer’s compliance burden.

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