Now Negative figure will be allowed in GSTR-3B -Table 4(eligible Input Tax credit)

• GSTN will soon allow negative values in Table 4 of GSTR-3B return (i.e. eligible Input tax credit, which will allow users to disclose the Input tax credit available net off the credit notes values in Table 4A of GSTR-3B return.
• This will make Table 8 of the GSTR-9 Return (other Input tax credit details) comparison consistent with information of GSTR-3B return,
• Notice in this regard is reproduced as under for ready reference of our readers.

Additions, Corrections or Changes in this Release:

G2B API(application programming interface)–

GSTR Return – GSTR-9 (Now updated version v1.2 -> v1.3)

• GSTR-9 – Get Details : just version upgrade- No change made
• GSTR-9 – Get 8A Details : just version upgrade- No change made
• GSTR-9 – Save GSTR9 data : just version upgrade- No change made
• GSTR-9 – Get Auto calculated Details: Schema changes for allowing negative value in table 6
• GSTR-9 – File GSTR9 : just version upgrade- No change made

GSTR Return – GSTR-3B (Now updated version v3.0 to v3.1)

• GSTR-3B – Validate GSTR-3B against Auto Calculated data : Schema changes for incorporating table 4D2
• GSTR-3B – File GSTR-3B data : just version upgrade- No change made
• GSTR-3B – Get GSTR-3B Details : Schema changes for allowing negative value in table 4
• GSTR-3B – Save GSTR-3B data : Schema changes for allowing negative value in table 4
• GSTR-3B – Offset Liability GSTR-3B data : just version upgrade- No change made
• GSTR-3B – Save past liability breakup : just version upgrade- No change made
• GSTR-3B – Get ITC Liability Auto Calc Details : Schema changes for incorporating table 4D2
• GSTR-3B – Get system calculated interest : just version upgrade- No change made
• GSTR-3B – Re-compute interest : just version upgrade- No change made

Key Note:

• Application programming interface (API) specification issued are based on the needs of done in GSTR-9 Return APIs and GSTR-3B return.

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