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GSTN New System to Send Liability Statement in GSTR 1 Supply Return Via Email

Prakash Kumar Chief Executive Officer at Goods and Services Tax Network (GSTN) on Thursday informed that they are developing a system to send the statement of liability reflected in

to the taxpayer through Email.

Liability Statement in Supply Return GSTR-1 via Email

However, the liability in GSTR 1 needs to be matched with the data of GSTR 3B to avoid any error and wrong payment . The form is normally filled by the seller by the 11th of the succeeding month. The Form contains important details of outward supplies invoice-wise and category-wise. Whereas the

is the summary return based and on the basis of the same the tax will be paid by the seller.

GSTR 3B contains Category-wise summarized details of inward and outward supplies along with the tax payment details. The GSTR 3B needs to be filled between 20-24 of the succeeding months per the category of the taxpayer.

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In an Assocham event Prakash Kumar said that “Very shortly we are going to give a pdf, where respective tables of liability of GSTR 3B based on GSTR 1 will be shown and sent via email to all taxpayers. The idea is whatever you have

and how it goes from different tables of GSTR 1 to 3B, complete mapping with transparency,”. He also added that data analytics has two parts: one, for those who are trying to game the system and second, for policy formulation.

“We have done some scoring, risks scoring and then we are working to categorise we call it classification of tax payers, based on different groups to find out who are the outliers who do not follow the same pattern,” Kumar added.

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