Liability paid percentage – Calculation methodology
Liability paid percentage = (Liability paid / Liability auto drafted) *100
Liability paid: This is the sum of total liability (Other than reverse charge and reverse charge) paid by the taxpayer in Form GSTR-3B for a particular period.
This also includes the amount paid by the taxpayer for any period in Form DRC-03 by selecting the ‘Cause of payment’ as Liability mismatch – GSTR-1 to GSTR-3B.
Liability Auto-drafted: This is the sum of total liability which is auto-drafted in Form GSTR-3B for a particular period from GSTR-1/IFF and GSTR-2B.
For taxpayers opting to file return on monthly frequency, the liability paid percentage is computed for each period and for taxpayer opting to file return on quarterly frequency, the liability paid percentage is computed for the quarter.
Note:
- In case, liability auto drafted is Zero, then ‘-‘ is displayed
- In case, liability paid is Zero, then ‘0’ is displayed
- In case both liabilities paid, and liability auto drafted are Zero, then ‘0’ is displayed
- In case either the liability paid, or liability auto drafted is negative then:
- In case liability paid is equal to or more than the liability auto drafted then ‘100’ is displayed
- In case liability paid is less than the liability auto drafted then ‘0’ is displayed
- In case the liability paid percentage is less than 100, then the value is highlighted in red.
