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GSTR 1 and 3B to be linked to determine input tax credit and liability

The group of ministers (GoM) on Information Technology (IT) led by Bihar deputy chief minister Sushil Kumar Modi took stock of the preparedness and the timelines in a meeting held on Friday

Topics
Goods and Services Tax | GST return filing | input tax credit

Dilasha Seth  |  New Delhi 



(Illustration: Ajay Mohanty)
The load handling capacity of GST Network has also been enhanced to 300,000 taxpayers at one point of time as against 150,000 taxpayers earlier to avoid glitches during peak hours | (Illustration: Ajay Mohanty)

In an effort to plug (GST) evasion and frauds and ease compliance, the existing system is being enhanced to have an in-built invoice matching system to determine and liability. The returns will be auto-populated to minimize errors, ease reconciliation and simplify compliance.

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First Published: Fri, August 07 2020. 22:17 IST

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