Rohit Kumar Singh
Quick Summary
Recently GSTN introduced a facility to auto-populate system computed details in Form GSTR-3B for taxpayers (filing their Form GSTR-1 on monthly basis), from November 2020 Tax Period onwards. The mechanism of such auto population shall be as under : Liabilities in Tables-3.1 3.2 of Form GSTR-3
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FAQ :
The GST portal now automatically populates certain details in Form GSTR-3B, such as liabilities and input tax credit, using information previously filed in Form GSTR-1 and GSTR-2B.
Tables 3.1 (liabilities, except for reverse charge) and 3.2 are auto-populated from GSTR-1. Table 3.1(d) (inward supplies liable to reverse charge) and Table 4 (Input Tax Credit) are auto-populated from GSTR-2B.
No, taxpayers must ensure the correctness of all reported values. The auto-populated figures can be edited by the taxpayer if they differ from the actual figures.
If the edited values differ significantly from the auto-populated ones (beyond a certain threshold), the system will provide an alert. However, you can still proceed with filing the edited values.
Yes, the system-computed values for reverse charge liabilities do not include supplies from unregistered persons or the import of services, which taxpayers must add by editing the auto-populated figures. Tables 5 and 6.2 of GSTR-3B are also not auto-populated.
You should use the auto-populated data as a guide but must reconcile it with your books of accounts and GSTR-2B to ensure accuracy. Thorough reconciliation is crucial to avoid claiming excess ITC or missing eligible credit.
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