What will happen if declared liabilities in GSTR-3B are different in GSTR 3

By | August 19, 2017

What will happen if my declared liabilities in GSTR-3B are different from that of my GSTR 3 which I will file later?

Upon generation of GSTR 3, if liabilities are different from those declared in GSTR-3B, the system will update the delta (difference) between GSTR 3B and GSTR 3 automatically.

Note: In case of an upward revision of liabilities, you will be liable to pay differential tax along with interest on the (differential) amount.

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Category: GST

About CA Satbir Singh

Chartered Accountant having 12+ years of Experience in Taxation , Finance and GST related matters and can be reached at Email : Taxheal@gmail.com

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