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!! 🙂