Upcoming Changes On GST Portal

Upcoming changes on GST Portal

Important changes which have been proposed in the GST returns in order to make it more user friendly and to further simplify the return filing process, has been summarized below:

Changes In GSTR-1

  • Delinking of credit/debit notes with the original invoice;
  • Amendments in GSTR-1 will be tagged with original invoices to ensure there are no double accounting entries;
  • To reflect the status of amendment of the invoice along with the month of the amendment.

Changes In GSTR-2A & GSTR-2B

  • To reflect return (GSTR-1 and GSTR-3B) filing status of vendors in GSTR-2A;
  • To generate Static GSTR-2A on monthly basis along with the document-level classification of ITC available and ITC not available;
  • GSTR-2B referred to as auto-drafted ITC statement to provide advice on credit that can be availed, credit to be reversed, etc. will be introduced soon;
  • Option of downloading GSTR-2B in PDF and Excel format.

Changes In GSTR-3B

  • To link GSTR-2A/2B and ICEGATE data with GSTR-3B;
  • To link GSTR-1 with GSTR-3B;
  • To develop a facility of sending copy of filed GSTR-3B in PDF format over an E-mail.

Changes In GST Refunds

  • Auto-population of data in the refund applications based on data furnished in GSTR-1 and as per GSTR-2A would be enabled;
  • Facility for bunching of refund claims across financial years, status of processing of refund claims at every stage would be made available.

Other Changes

  • GSTR-6A would be available for download;
  • Details of invoices considered for preparation of Table 8A of GSTR-9 will be provided;
  • To implement E-invoicing facility for companies with a turnover of more than INR 500 crores from October 2020;
  • To introduce a matching tool for comparison of system drafted purchase register and own purchase register;
  • To develop a communication channel between the buyer and supplier for missing invoices;
  • Facility to create vendor master / HSN master on taxpayer dashboard.

Disclaimer: The above update is on the basis of information received from the governmental authorities, tweets, and information available on the public domain. Official notifications are yet to be announced. 

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