Attention – Hard-Locking of Auto-Populated Liability in GSTR-3B
This advisory provides important information regarding the hard-locking of auto-populated liability in GSTR-3B. The government is trying to bring stringent GST ITC claim rules. Whereas in this trade organizations are resisting hard locking of auto-populated liability in GSTR-3b. Let us see what is advisory.
Key Points
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Previous Advisory:
- Please refer to the advisory dated October 17th, 2024, regarding the restriction on editing auto-populated liability in GSTR-3B from the January 2025 tax period.
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Postponement of Implementation:
- Various requests have been received from the trade seeking additional time to prepare for this change. Therefore, the decision to make the auto-populated liability in GSTR-3B non-editable is currently not being implemented from the January tax period on the GST Portal.
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Future Implementation:
- The above change will be introduced soon, and the trade will be informed accordingly. Taxpayers are encouraged to prepare for the said change.
Conclusion
The postponement of the hard-locking of auto-populated liability in GSTR-3B provides taxpayers with additional time to adjust to this upcoming change. Taxpower GST is the GST software that optimizes your ITC claims and files GST returns GSTR-3B and GSTR-1 accurately.
Blog Ref: GSTN Government Site