{"id":2086,"date":"2023-07-01T09:29:18","date_gmt":"2023-07-01T09:29:18","guid":{"rendered":"https:\/\/www.solubilis.in\/blog\/?p=2086"},"modified":"2023-07-01T09:35:52","modified_gmt":"2023-07-01T09:35:52","slug":"online-compliance-pertaining-liability-difference-appearing-r1-r3b-drc-01b","status":"publish","type":"post","link":"https:\/\/www.solubilis.in\/blog\/online-compliance-pertaining-liability-difference-appearing-r1-r3b-drc-01b\/","title":{"rendered":"<strong>Online Compliance Pertaining to Liability \/ Difference Appearing in R1 \u2013 R3B (DRC-01B)<\/strong>"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<p>1. According to information, the GSTN has developed a feature that will allow taxpayers to online explain the distinction between their GSTR-1 and 3B returns, as directed by the GST Council. This feature is presently live on the GST portal.<\/p>\n\n\n\n<p>2.&nbsp; The functionality thinks about the liability declared in GSTR-1\/IFF with the liability paid in GSTR-3B\/3BQ for each return period.<\/p>\n\n\n\n<p>3. The taxpayer will receive an alert in the form of DRC-01B if the declared liability is greater than the paid liability by a predetermined amount or if the percentage difference is greater than the configurable threshold.&nbsp; The taxpayer is required to respond using Form DRC-01B Part B upon receiving an intimation.<\/p>\n\n\n\n<p>The taxpayer has the option to either use Form DRC-03 to provide details of the payment made to settle the difference, provide an explanation for the difference, or choose a combination of the two.<\/p>\n\n\n\n<p>4.&nbsp; To additional help taxpayers with the functionality, a detailed manual containing the route details is accessible on the GST portal. It offers bit by bit guidelines and addresses different situations connected with the functionality.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>We Solubilis are the best consultant with many satisfied entrepreneurs. We are serving major cities like Chennai, Mumbai, Hyderabad, Bangalore, Coimbatore. For further details regarding Accounts &amp; GST registration, please click <strong><a href=\"https:\/\/www.solubilis.in\/\">here<\/a><\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>1. According to information, the GSTN has developed a feature that will allow taxpayers to online explain the distinction between their GSTR-1 and 3B returns, as directed by the GST Council. This feature is presently live on the GST portal. 2.&nbsp; The functionality thinks about the liability declared in GSTR-1\/IFF with the liability paid in GSTR-3B\/3BQ for each return period. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2089,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[150],"tags":[828,157,599,162,827],"class_list":["post-2086","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gst","tag-company-registration-in-coimbatore","tag-gst-registration-in-chennai","tag-gst-registration-in-coimbatore","tag-gst-registration-in-t-nagar-chennai","tag-online-compliance-pertaining-to-liability-difference-appearing-in-r1-r3b-drc-01b"],"_links":{"self":[{"href":"https:\/\/www.solubilis.in\/blog\/wp-json\/wp\/v2\/posts\/2086","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.solubilis.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.solubilis.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.solubilis.in\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.solubilis.in\/blog\/wp-json\/wp\/v2\/comments?post=2086"}],"version-history":[{"count":2,"href":"https:\/\/www.solubilis.in\/blog\/wp-json\/wp\/v2\/posts\/2086\/revisions"}],"predecessor-version":[{"id":2090,"href":"https:\/\/www.solubilis.in\/blog\/wp-json\/wp\/v2\/posts\/2086\/revisions\/2090"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.solubilis.in\/blog\/wp-json\/wp\/v2\/media\/2089"}],"wp:attachment":[{"href":"https:\/\/www.solubilis.in\/blog\/wp-json\/wp\/v2\/media?parent=2086"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.solubilis.in\/blog\/wp-json\/wp\/v2\/categories?post=2086"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.solubilis.in\/blog\/wp-json\/wp\/v2\/tags?post=2086"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}