Alert: Be Careful While Filing GSTR-1 And GSTR-3B

The government is tightening the screws on taxpayers who are reporting turnover in GSTR-1 but not paying tax through GSTR-3B or claiming more input tax credit as available in GSTR-2A/ 2B.

In this series, the government has now incorporated the facility in GST portal to view individual month difference and cumulative difference in output tax (tax on sales) declared and paid as well as input tax credit (tax on purchases) available and claimed, so that tax officers can easily issue notices to defaulters by using this comparison.

To view this comparison, please follow these steps:

Login to GST portal

Navigate to Services > Returns > Tax Liabilities and ITC Comparison and select the financial year.

Following tables as shown in picture will be available in next window: