Taxation_Update
Taxation_Update
June 7, 2025 at 01:05 PM
🚨 GSTN Update – Un-editable Outward Liability in GSTR-3B from July 2025 Auto-populated liability from GSTR-1/IFF will be locked in GSTR-3B!! Amendments only via GSTR-1A. Consequence-Recipient will now have a role in final Outward Liability of taxpayer 👇 If recipient rejects Credit Note in IMS, value will be added to outward liability & will be non-editable in GSTR-3B. (Please let me know in case of difference in opinion) Expecting similar non-editability for ITC (based on GSTR-2B) soon. Will be interesting to see how Trade would react to the same!! 🙂
Image from Taxation_Update: 🚨 GSTN Update – Un-editable Outward Liability in GSTR-3B from July 20...

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