Question02:
I want to know the use of COMPUTE LIABILITY in GSTR-9. Whether it will
be compute only late fees not GST liability.
Answer:
Compute Liability button is for computation of late fee only and the same is
clarified in FAQ as follows:-
26. What happens after COMPUTE LIABILITIES button is clicked?
After COMPUTE LIABILITIES button is clicked, details provided in various tables
are processed on the GST Portal at the back end and Late fee liabilities, if
any, are computed. Late fee is calculated, if there is delay in filing of annual
return beyond due date.
(Reply dt.14/05/2019)