Monthly Tax Payment form May be Amended

The GST Council may consider making changes in the GST Council Monthly Tax Payment Form GSTR-3B. This may include a column of supply figures and tax payments relating to the sales return, which cannot be changed later. The next meeting of the GST Council will be held on 28-29 June in Chandigarh.

Changes in the GSTR-3B form will help in curbing fake bills and reducing the number of fake bills. There are many times more sales are shown by sellers in GSTR-1 and on the basis of this, the buyer of goods can claim Input Tax Credit (ITC). However, in GSTR-3B, less sales are shown so that GST has to be paid less. In the present GSTR-3B, the details of input tax credit are generated automatically. According to officials, with this change, there will be less information on the part of the user in GSTR-3B and the process of filing will also become easier.

Rajat Mohan, Associate Partner, AMRG, said that in this meeting, Tax filing can be changed. for the e-commerce operator providing Passenger Transport Services , Accommodation Services Housing Services, House Keeping and Cloud Kitchen Services