What is GST Tax Liabilities and ITC Comparison Report?
Ans: The GST Tax liabilities and ITC Comparison report is the comparison of liability declared and ITC claimed by the Taxpayer. The Tax Liabilities and ITC Comparison option under the Returns tab enables you to:
- View month- wise Tax liability declared in Form GSTR-3B and Form GSTR-1, and
- Compare ITC claimed in Form GSTR-3B and ITC accrued as per Form GSTR-2A/GSTR-2B
Source Taxguru
Latest Posts in "India"
- GST on Hotel Rooms ≤ Rs 7,500: 5% Rate, No ITC for Hotels or Business Travellers
- GSTN Releases Key FAQs on GSTR 9/9C Filing for Financial Year 2024-25
- Supreme Court: VAT Credit Cannot Be Denied Due to Supplier’s Tax Default
- Trickiest countries in which to achieve compliance
- India announces changes in the Invoice Management System
