GSTN issued an advisory on New tables 14 & 15 in GSTR-1 pursuant to Notification No. 26/2022
GSTN issued an advisory on New tables 14 & 15 in GSTR-1 pursuant to Notification No. 26/2022 – Central Tax dated 26th December 2022 to capture the details of the supplies made through e-commerce operators (ECO) on which ECO is liable to collect tax under sec 52 or liable to pay tax u/s 9(5). These tables have now been made live on the GST common portal from January 2024 onwards.
Summary of the advisory:
1. Table 14 Details:
a. Details of supplies made through E-commerce operators on which ECO is liable to collect tax under section 52 of the CGST Act
b. Amendments to be reported in 14A(a).
2.Table 15 Details:
a. Taxable value along with tax liabilities from B2B, B2C, URP2B, and URP2C will be auto-populated to table 3.1.1(i) of GSTR-3B.
b. E-invoices reported for 9(5) supplies will be populated in FORM GSTR-1 as per existing functionality.
3.Introduction of new table ECO-Documents in GSTR-2B:
a. Facility to pass input tax credit (ITC) to registered taxpayers receiving supplies u/s 9(5) through ECO.
b. Values will be auto-populated from Table 15 to the new ECO-Documents table of GSTR-2B.
4.Steps to report details in Table 14/15:
a. Taxpayers can access the table 14(a) & 14(b) by clicking the “liable to collect tax u/s 52 (TCS) and liable to pay tax u/s 9(5)” respectively available at the top of table 14 page.
b. To view the records in ECO-documents table, taxpayer can navigate to Returns Dashboard Selection of Period > Auto-drafted ITC Statement for the month GSTR 2B View ECO Documents.
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