A monthly self-declaration to be filed for furnishing summarized details of all outward supplies made, input tax credit claimed, tax liability ascertained and taxes paid under GST is recorded under ______

As per the amendments in GST rule applicable from January 01, 2022, there are two monthly returns (GSTR-1 and GSTR-3B) that a company has to file if the annual turnover is over Rs 5 crore. While the GSTR-1 is a return that shows sales invoices, the GSTR-3B is a self-declared summary GST return filed every month. Therefore, businesses need to ensure there is no mismatch between GSTR-3B and GSTR-1 forms . In case of a mismatch, the government will be empowered to send officials to the corporate premises of an individual to recover GST for the amount of sales on which tax has not been paid. No notice needs to be furnished for the recovery, as per the new rule.