<h1>GST Portal Updates: Negative Liability Statement & HSN Directory Enhancements for Composition Taxpayers.</h1> New functionalities are being introduced on the GST Portal to enhance taxpayer experience. Composition taxpayers can now view a negative liability statement that automatically adjusts against future liabilities. Additionally, Form GSTR-4A details can be downloaded in Excel and auto-populated into Form GSTR-4 for composition taxpayers. The HSN Directory has been updated to include common trade names, and taxpayers can download it in Excel format. These updates aim to simplify compliance and provide a more streamlined process for taxpayers.