GST News & Updates || GSTIN Advisory on Online Compliance Pertaining to Liability/Difference Appearing in GSTR1 – GSTR3B (DRC-01B)

It is informed that GSTN has developed functionality to enable the taxpayer to explain the difference in GSTR-1 & GSTR-3B Return online as directed by the GST Council. This feature is now live on the GST Portal

The functionality compares the liability 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 exceeds the configurable threshold, the taxpayer will receive an intimation in the form of DRC-01B

Upon receiving an intimation, the taxpayer must file a reply in Form DRC-01B Part B, providing clarification through reason in the automated dropdown and details regarding the discrepancy, if not included in the dropdown

To further help taxpayers with the functionality, a detailed manual containing the navigation details is available on the GST portal. It offers step-by-step instructions and addresses various scenarios related to the functionality

Tutorial on Return Compliance in Form DRC-01B Click Here

The Advisory can be accessed at Click Here

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