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

The GST return filing system has been enhanced to curb evasions and frauds so that correct  input tax credit and liability can be determined. Bihar Deputy Chief Minister Sushil Kumar Modi had taken stock of the preparedness and the timelines in a meeting with the group of ministers (GoM) on Information Technology (IT). Under ‘Returns Enhancement and Advancement Project’ (REAP), a team of 60 tech persons has been set up to deliver the due functionality. According to Modi, the new functionality will be ready by September.

https://www.business-standard.com/article/economy-policy/gstr-1-and-3b-to-be-linked-to-determine-liability-and-input-tax-credit-120080701909_1.html