GST portal : New matching functionality for comparing tax liability declared and ITC claimed.
GST Portal provide matching
functionality.Any one access the same by Login into
GST portal. It provided in Return dashboard under the headings "Comparison
of liability declared and ITC claimed".
This functionality provide four reports
:
1. Liability other than export/reverse
charge
2. Liability due to reverse charge
3. Liability due to export and SEZ
supplies
4. ITC credit claimed and DUE
1. Liability other than zero rated
(export and SEZ Supplies) /reverse charge
Its shows the comparative month wise
data of liability declared in GSTR-3b (as per table 3.1(a)) and liability
declared in GSTR-1 (as per table 4A,5,6C,7,9A,9B,9C,10,11).If there is any differences shows in
this report ,then it must be immediately identify and rectify.Because data in GSTR-1 and GSTR-3b
,both were declared by the taxpayer itself and the same should be reconciled.
2. Liability due to receipt of reverse
charges supplies
Its shows the comparative month wise
data of liability declared in GSTR-3b (as per table 3.1(d)) and amount auto
-populated in GSTR-2A (as per Part-A).
3. Liability due to export and SEZ
supplies
Its shows the comparative month wise
data of liability declared in GSTR-3b (as per table 3.1(b)) and liability
declared in GSTR-1 (as per table 6A, 6B, 9A, 9B, 9C).
4. ITC credit claimed and DUE
Its shows the comparative month wise
data of ITC claimed in GSTR-3b (as per table
4A(3)+4A(4)+4A(5)+4D(1)+4D(2)-4B(1)-4B(2)) and ITC auto-populated in GSTR-2A (as
per Part-A, PART-B).
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