How To Comparison of Liability Declared and ITC Claimed

How To Comparison of Liability Declared and ITC Claimed
How can I compare liability declared in Form GSTR-3B and Form GSTR-1 with ITC claimed in Form GSTR-3B and as accrued in Form GSTR-2A?

To compare liability declared in Form GSTR-3B and Form GSTR-1 and ITC claimed in Form GSTR-3B and as accrued in Form GSTR-2A, GST Portal provides the following comparison Reports:

  • Liability (other than zero rated (Export and SEZ Supplies) and reverse charge supply
  • Liability due to receipt of reverse charge supplies
  • Liability (Export and supplies to SEZ)
  • ITC Credit Claimed and Due  

To access the Comparison Reports, perform following steps:

1. Access the http://www.gst.gov.in URL. The GST Home page is displayed.

2. Login to the GST Portal with valid credentials.

3. Click the Services > Returns > Returns Dashboard command.

Alternatively, you can also click the Returns Dashboard link on the Dashboard.

4. The File Returns page is displayed. Select the Financial Year & Return Filing Period from the drop-down list.

5. Click the SEARCH button.

6. The File Returns page is displayed. In the “Comparison of liability declared and ITC claimed” tile, click the VIEW button.

7. The Credit and Liability Statement page is displayed, with the following information:

  • The White band on the top displays your GSTINLegal/Trade NameFinancial Year Period and the Date & Time when the Report was last updated.
  • Below the while band, buttons are provided that you can click to access each of the following Comparison Reports: Liability (other than zero rated (Export and SEZ Supplies) and reverse charge supply), Liability due to receipt of reverse charge supplies, Liability due to Export and supplies to SEZ and ITC Credit Claimed and Due
  • Below the buttons, Credit and Liability Statement Table is provided that shows the tax liability as declared in Form GSTR-3B and Form GSTR-1, tax period wise, based on returns filed by you and the ITC as claimed in Form GSTR-3B filed by you and as accrued to you in Form GSTR-2A, based on returns filed by your supplier.
  • Click the DOWNLOAD button to the download the Credit and Liability Statement in Excel format.
  • To go to the previous page, click BACK.

8.1Liability other than Export/Reverse Charge

8.2. Liability due to Reverse Charge

8.3. Liability due to Export and SEZ Supplies

8.4. ITC Credit Claimed and Due

Click each hyperlink to know more.

8.1. Liability other than Export/Reverse Charge

8.1.1. Click the LIABILITY OTHER THAN EXPORT/REVERSE CHARGE button.

8.1.2. The Liability other than Export/Reverse Charge page is displayed, containing the following details:

  • Liability as declared in table 3.1 (a) of Form GSTR-3B during the month
  • Liability as declared in table 4a, 5, 6C, 7, 9A, 9B, 9C, 10, 11 of Form GSTR-1 (other than reverse charge supply) during the month
  • Shortfall/excess for the tax period and cumulative shortfall/excess for the financial year  

Note:

  • The comparison is generated tax-period wise for the selected financial year up to the current date. The report of previous tax periods of the financial year is also shown in the report.
  • This comparative table will help the taxpayer to have the overview of liabilities (other than zero rated & reverse charge) declared in Form GSTR-3B and Form GSTR-1 and to see that liability is correctly declared and liquidated. Corrective actions on liability declared on these forms/ return can be taken by taxpayer in case any discrepancy is noticed. This may also be used as a reference to declare liability in Form GSTR-3B, once Form GSTR-1 is filed for such tax period.

8.1.2. Scroll to the right to view the complete report.

8.1.3. Click DOWNLOAD button to the download the details in Excel format. To go to the previous page, click BACK.

Go to Comparison Reports Menu

8.2. Liability due to Reverse Charge

8.2.1. Click the LIABILITY DUE TO REVERSE CHARGE button.

8.2.2. The Liability due to Reverse Charge page is displayed, containing the following details:

  • Reverse charge liability declared in table 3.1 (d) of Form GSTR-3B during the month, as filled by you.   
  • Auto-populated amount, as available in Part-A of Form GSTR-2A (as uploaded by supplier)  
  • Shortfall/Excess in liability as per Form GSTR-3B-Form GSTR 2A

Note: This report may be used as a reference to declare or compare liability due to reverse charge on inward supplies in Form GSTR-3B with auto-drafted details as appearing in Form GSTR-2A, reported by corresponding registered suppliers in their Form GSTR-1.  

8.2.2. Scroll to the right to view the complete report.

8.2.3. Click DOWNLOAD button to the download the details in Excel format. To go to the previous page, click BACK.

Go to Comparison Reports Menu

8.3. Liability due to Export and SEZ Supplies

8.3.1. Click the LIABILITY DUE TO EXPORT AND SEZ SUPPLIES button.

8.3.2. The Liability due to Export and SEZ Supplies page is displayed, containing the following details:

  • Liability as declared in table 3.1 (b) of Form GSTR-3B during the month
  • Liability as declared in table 6A, 6B, 9A, 9B, 9C of Form GSTR-1 (Zero rated supplies) during the month
  • Shortfall/excess for the tax period and cumulative shortfall/excess for the financial year  

Note: This comparative table will help the taxpayer to have the overview of liabilities pertaining to zero rated supplies declared in Form GSTR-3B and Form GSTR-1 and to see that liability is correctly declared and liquidated. Corrective actions on liability declared on these forms/ return can be taken by taxpayer in case any discrepancy is noticed. This may also be used as a reference to declare liability in Form GSTR-3B, once Form GSTR-1 is filed for such tax period.

8.3.2. Scroll to the right to view the complete report.

8.3.3. Click DOWNLOAD button to the download the details in Excel format. To go to the previous page, click BACK.

Go to Comparison Reports Menu

8.4. ITC Credit Claimed and Due

8.4.1. Click the ITC CREDIT CLAIMED AND DUE button.

8.4.2. The ITC Credit Claimed and Due page is displayed, containing the following details:

  • ITC claimed in table 4A(3)+4A(4)+4A(5)+4D(1)+4D(2)-4B(1)-4B(2) of Form GSTR-3B during the month
  • ITC auto-populated in Part-A (as per GSTR-1) and Part-B (as per GSTR-6) of Form GSTR-2A
  • Shortfall/excess for the tax period and cumulative shortfall/excess for the financial year  

Note: This may be used as a reference to declare or compare ITC as claimed in Form GSTR-3B with auto-drafted details as appearing in Form GSTR-2A, reported by corresponding registered supplier in their Form GSTR 1 or by ISD distributors in their Form GSTR 6.   Corrective actions on credit claimed on these forms/ return can be taken by taxpayer in case any discrepancy is noticed.

8.4.2. Scroll to the right to view the complete report.

8.4.3. Click DOWNLOAD button to the download the details in Excel format. To go to the previous page, click BACK.

Go to Comparison Reports Menu


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