GSTN – Upcoming changes/initiatives:-
♦ SMS based NIL Return filing for GSTR-3B and GSTR-1.

GSTN – Upcoming changes/initiatives:- ♦ SMS based NIL Return filing for GSTR-3B and GSTR-1. ♦ Improvements in GSTR-2A to show the status of filing of GSTR-1 and GSTR-3B by the supplier. ♦ To show status of amendment of invoice with month of amendment. Report this ad ♦ Providing detail of invoices considered for computation in table 8A of GSTR-9. ♦ Flow of ITC due to IGST paid on import from ICES to GST System. ♦ Linking GSTR-1 with GSTR-3B (for flow of liability). PDF mail of filled GSTR-3B. ♦ Linking GSTR-2A/2B & ICEGATE data with GSTR-3B for better ITC management. ♦ Delinking of credit/debit notes with invoices in GSTR-1

GSTN – Upcoming changes with Matching Tool/Reconciliation Features:- ♦ Matching Tool for comparison of system drafted purchase register and own purchase register. Report this ad ♦ Facility to create Vendor Master /HSN masters on taxpayer dashboard. ♦ Communication of channel between buyer and supplier for missing invoices. ♦ Improvement of Comparison Table of liability and ITC. Report this ad The general direction of user experience improvement:- ♦ Enabling GSPs to do some more activities. Report this ad ♦ Compilation of common errors and way around. ♦ Showing the status of the application after every stage of processing.

Facilitation in filing GSTR-3B The following new features are made available to taxpayers: The system computed summary of GSTR-3B is available based on filed GSTR-1/IFF, GSTR-2B and GSTR-3B (previous period). It can be downloaded by clicking on 'SYSTEM GENERATED GSTR-3B' button. The summary is generated for tables 3.1 (a), (b), (c), (e) and table 3.2 from filed GSTR-1/IFF. Table 3.1(d) and 4(A)(1), (3), (4), (5) and 4(B)(2) is auto-drafted based on GSTR-2B. System has computed interest in Table 5.1 on account of the delayed filing in previous period. The values so auto-drafted may be used to fill in relevant tables in FORM GSTR-3B. System computed PDF for liability in GSTR-3B

Note: This summary is generated for information and guidance purposes only. Please enter correct values, after due verification. Challenges in ITC declaration using GSTR-2A:- ♦ Dynamic statement ♦ Has both uploaded and filed documents ♦ No system aid to determine available ITC ♦ Document sit in original tax period hence difficult in reconciliation Report this ad ♦ Long time for downloading GSTR-2A Introducing GSTR-2B:- ♦ Static Statement generated monthly ♦ PDF and Emailer ♦ Document-level ITC Available and Unavailable ♦ ITC summarization aligned with GSTR-3B ♦ Instant download of PDF, EXCEL ♦ Filter and Search options ♦ Advance search to view documents beyond 1000 record.