The Goods and Services Tax Network (GSTN) has issued an advisory on the forthcoming revisions in the GSTR-3B return for the assessee.
On 5th July 2022, the government vides notification no 14/2022 – Central Tax would be notified with some amendments in Table 4 of Form GSTR-3B needing the assessee to notify the details on the input tax credit claimed, reversal thereof, Table 4 of GSTR-3B form. By tapping on the link here you can see the detailed notification.
The mentioned amendments in table-4 of GSTR-3B would be executed on the GST portal and would be available. Until these amendments would get executed on the GST portal the assessee would be recommended to carry on the report of their input tax credit claim. ITC reversal and ineligible Input tax credit according to the current practice.
“The taxpayers will be duly informed once these changes are made available on the GST Portal,” the GSTN articulated.
Gen GST Software from SAG Infotech has already executed the upcoming changes on its platform. Also, once it is published on GST portal, our users can file the New GSTR 3B via Gen GST Software. SAG Infotech always gives priority to the latest amendments to be executed into Software for providing a hassle-free return filing environment.
