To include the ‘Adjustment of negative liability of previous tax period’ for Reverse Charge and supplies under Section 9(5) of GST Act and other than Reverse Charge and supplies made under Section 9(5) of GST, the Central Board of Indirect Taxes and Customs (CBIC) has revised Table 6.1 of the GSTR 3B. From a new table, the former one was substituted.
Section 9(5) of the GST statute mentions the services proposed by the E-commerce operators. The government has informed the amendment, though the effective date has not been announced till now.
The Following Table is Replaced for Table 6.1:
| Description | Tax payable | Adjustment of negative liability of previous tax period | Net Tax Payable (2-3) | Tax paid through ITC | Tax paid in cash | Interes t paid in cash | Late fee paid in cash | |||
|---|---|---|---|---|---|---|---|---|---|---|
| Integrated Tax | Central Tax | State/ UT Tax | Cess | |||||||
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 |
| (A) Other than (i) reverse charge and (ii) supplies made u/s 9(5) | ||||||||||
| Integrated Tax | (Auto) | (Auto) | (Auto) | |||||||
| Central Tax | (Auto) | (Auto) | (Auto) | |||||||
| State/ UT Tax | (Auto) | (Auto) | (Auto) | |||||||
| Cess | (Auto) | (Auto) | (Auto) | |||||||
| (B) Reverse charge and supplies made u/s 9(5) | ||||||||||
| Integrated Tax | (Auto) | (Auto) | (Auto) | |||||||
| Central Tax | (Auto) | (Auto) | (Auto) | |||||||
| State/ UT Tax | (Auto) | (Auto) | (Auto) | |||||||
| Cess | (Auto) | (Auto) | (Auto) | |||||||
Part ‘A’ in the table above, is assigned for normal taxpayers providing supplies and availing RCM and requires to enter information. Part ‘B’ is for GST Payers furnishing supplies under section 9(5) of GST law i.e. e-commerce operators.
Before, Table 6.1 of the GSTR 3B form had merely the Description, tax payable, tax paid via ITC, Tax Paid in Cash, Interest Paid in Cash, and Late fee paid in cash. As a new class of ‘Adjustment of Negative Liability of previous tax period’, the taxpayers can recognize the negative and adjust manually against GST liabilities in the next returns.
The latest modification omitted table 6.2 in which the taxpayer has to reveal the TDS/TCS credit.
