Goods and Services Tax Network (“GSTN”) enabled two important new functionalities on the GST Portal which are discussed in succeeding paras.
a) Depiction of liability paid percentage on GST Portal for Taxpayers.
The GST Portal is now depicting the liability paid as a percentage in case of monthly GSTR-3B as well as quarterly GSTR-3B filing. The relevant snaps are given below for a ready reference of the readers:
Snap in case of monthly GSTR-3B filing
Snap in case of quarterly GSTR-3B filing
Liability paid percentage – Calculation methodology
Liability paid percentage = (Liability paid / Liability auto drafted) *100
Liability paid: This is the sum of total liability (Other than reverse charge and reverse charge) paid by the taxpayer in Form GSTR-3B for a particular period.
This also includes the amount paid by the taxpayer for any period in Form DRC-03 by selecting the ‘Cause of payment’ as Liability mismatch – GSTR-1 to GSTR-3B.
Liability Auto-drafted: This is the sum of total liability which is auto-drafted in Form GSTR-3B for a particular period from GSTR-1/IFF and GSTR-2B.
For taxpayers opting to file return on monthly frequency, the liability paid percentage is computed for each period and for taxpayer opting to file return on quarterly frequency, the liability paid percentage is computed for the quarter.
Note:
• In case, liability auto drafted is Zero, then is displayed
• In case, liability paid is Zero, then ‘_’ is displayed
• In case both liabilities paid, and liability auto drafted are Zero, then ‘0’ is displayed
• In case either the liability paid, or liability auto drafted is negative then:
• In case liability paid is equal to or more than the liability auto drafted then ‘100’ is displayed
• In case liability paid is less than the liability auto drafted then ‘0’ is displayed
• In case the liability paid percentage is less than 100, then the value is highlighted in red.
b) Tax Liability Break up table in GSTR-3B
GSTN has also enabled a new feature wherein a taxpayer can provide breakup of tax liability in GSTR-3B which can be used when declaring past period liability in the current period.
The above feature has been introduced for the implementation of the new functionality of the interest calculator in GSTR-3B.
To enable taxpayers to pay interest on supplies of past periods declared in a GSTR-3B, if any, a new button has been added in GSTR-3B, called ‘Tax Liability Breakup, as applicable’, and data is to be entered by clicking this button only by those taxpayers who are making payment for liability pertaining to earlier tax-periods in the present GSTR-3B. In cases where the present GSTR-3B consists of liability only for the present period, the taxpayers can ignore this button, and continue filing their return as usual.
The snap of the relevant windows is as under:
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