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TMI BlogAdvisory: Online Compliance Pertaining to Liability / Difference Appearing in R1 – R3B (DRC-01B)X X X X Extracts X X X X X X X X Extracts X X X X ..... Advisory: Online Compliance Pertaining to Liability / Difference Appearing in R1 – R3B (DRC-01B) X X X X Extracts X X X X X X X X Extracts X X X X ..... onality to enable the taxpayer to explain the difference in GSTR-1 & 3B return online as directed by the GST Council. This feature is now live on the GST portal. 2. The functionality compares the lia ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... bility declared in GSTR-1/IFF with the liability paid in GSTR-3B/3BQ for each return period. If the declared liability exceeds the paid liability by a predefined limit or the percentage difference exc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eeds the configurable threshold, taxpayer will receive an intimation in the form of DRC-01B. 3. Upon receiving an intimation, taxpayer must file a reply in Form DRC-01B Part B, providing clarificatio ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n through reason in automated dropdown and details regarding the discrepancy, if not included in the dropdown. 4. To further help taxpayer with the functionality, a detailed manual containing the nav ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... igation details is available on the GST portal. It offers step-by-step instructions and addresses various scenarios related to the functionality. The link is stated below: https://tutorial.gst.gov.in ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... /downloads/news/return_compliance_in_form_drc_01b.pdf
Thanking You,
Team GSTN X X X X Extracts X X X X X X X X Extracts X X X X
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