GSTR-3B linked with GSTR-1 to make filing easier

The GSTN has notified that filing of GSTR-3B has been made much easier now. System computed GSTR-3B (Table-3 for liabilities) on the basis of GSTR-1 filed by taxpayers is now available on the GST portal for monthly GSTR-1 filers. The GSTN also notified on the following points: 

1. The system will compute and generate PDF mentioning liability, few minutes after monthly GSTR-1 has been filed.

2. The facility is currently available for monthly filers and not for quarterly GSTR-1 filers. It will also be available for quarterly GSTR-1 filers in due course.

3. The statement will show details of eligible/ineligible credits and reversals required thereof based on GSTR-1, 5 and 6 furnished by vendors/ISD and from ICEGATE, however the same is only recommendatory and not necessarily binding on tax payers.