Webinar on ‘DRC-01B online functionality for liability mismatch’
Webinar on topic – DRC-01B online functionality for liability mismatch – by GSTN
Tag: DRC-01B
Advisory: Online Compliance Pertaining to Liability / Difference Appearing in R1 – R3B (DRC-01B)
The functionality compares the liability declared in GSTR-1/IFF with the liability paid in GSTR-3B/3BQ for each return period. If the declared liability exceeds the paid liability by a predefined limit or the percentage difference exceeds the configurable threshold, taxpayer will receive an intimation in the form of DRC-01B.