Finance/Compliance Consultant
66647 Points
Posted on 03 July 2026
Summary: A Negative Liability Statement is an automated record of excess payments or adjustments, typically appearing for composition taxpayers. It is not an error that requires immediate "nullification" but rather a balance that the system will automatically offset against your future tax liabilities. If it blocks your filings, consider making a voluntary payment via DRC-03 or consulting your jurisdictional officer.