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What and How of GSTR3B | Company Vakil

What is GSTR 3B?

GSTR-3B is a:

Self-declaration summary return monthly filed filed by registered dealer declared by Indian Government

Who needs to file GSTR 3B?

GST registered person must file the returns GSTR-3B including nil returns or no business activity.

However, following persons do not have to file GSTR-3B:

Input Service Distributors

Composition Dealers

Suppliers of OIDAR

Non-resident taxable person

TDS dedicator

TCS collector

For any services related to GST Registration, visit us.

Is there any late fee and penalty?

Yes, it is mandatory to file GSTR-3B even for nil returns. Late Fee for filing GSTR-3B after the due date is as prescribed:

Rs. 50 per day of delay

Rs. 20 per day of delay for nil tax liability of taxpayers for that month

Interest @ 18% per annum is payable on amount of outstanding tax to be paid, depending on the number of days they delay the payment. For eg. If you fail to pay on due date, you have to pay additional 1000*18/100*1/365 = Rs. 0.49 per day, if the Tax liability amount is 1000 and there is 1 day delay

How to file GSTR 3B?

Step 1: Visit the official website of GST: www.gst.gov.in

Step 2: Click on Login and Fill your username and password.

Step 3: Click on services, then Returns and then Returns Dashboard.

Step 4: Return filling page is displayed. Fill up the Financial year & Return Filing Period for which month you want to file the return and then Click on Search.

Step 5 : Return page is displayed. GSTR 1, GSTR 2 and GSTR 3 are present. In the GSTR 3B box, click PREPARE ONLINE.

Step 6: GSTR 3B monthly return filing page is displayed.

Step 7: Choose the relevant lock and Click on them to feed in the required information

Block 3.1 Tax on outward and reverse charge inward supplies

Click on the Tax on outward and reverse charge inward supplies block. Fill the details like taxable value, integrated Tax Central Tax, State Tax, Cess.

Click Confirm.

You will be directed to GSTR 3B landing page. The added data will be shown in a summary form. Click on SAVE GSTR 3B at bottom.

Block 3.2 Inter-State Supplies

Click on Inter State Supplies Block

Click on Supplies made to unregistered persons: Select Place of Supply, Fill Total Taxable value & Amount of Integrated Tax.

Click on supplies made to Composition Taxable Persons. Follow the same steps as given above.

Click on Supplies made to UIN holders. Follow the same steps as given above.

Click Confirm.

You will be directed to GSTR 3B landing page. Inter State Supplies will display the total of taxable and integrated tax.

Block 4: Eligible Input Tax Credit (ITC)

Click on ITC block

Fill the details like IGST, CGST, State Tax and cess.

Confirm the details.

You will be directed to GSTR 3B landing page. ITC tile will display total of all taxes.

Click on Save.

Block 5 Exempt, NIL and Non Get Inward supplies

Click on this block. Fill details like Inter State supplies and Intra State supplies.

Click Confirm.

You will be directed to GST Landing page. The summary of details will be displayed.

Block 5.1 Interest and Late Fee

Click on this block.

Fill up the details like IGST, State & UTGST taxes and late fees, if any.

Click on Confirm.

You will be directed to GSTR landing page. The summary of details is shown.

Step 8: After filing all the information, Click SAVE GSTR 3B. A success message is shown on top of the page. After that Click on Submit.

Step 9 : A success message is displayed at top of the page. Now after submission, you cannot modify the data. ITS and Liability ledger will be updated.

Block 6 Payment of Tax

Click on the block

Tax Liabilities are declared along with credits are updated in the ledgers in “Tax payable” column.

Click on Check Balance befo

re making the payment.

Check Balance page is displayed.

Click on OK.

Click the OFFSET LIABILITY to pay off the liablities

Confirmation message is displayed.

Click OK.

Step 10: For declaration, Select Checkbox.

Step 11: Select Authorized Signatory.

Step 12: Click GSTR 3B with DSC or file GSTR 3B with EVC button.

File GSTR – 3B with DSC

Click PROCEED.

Select the certificate

Click on Sign.

File GSTR-3B with EVC

Fill the OTP sent via email & mobile number of Authorized Signatory registered at GST Portal

Click VALIDATE OTP button

Step 13: Success message is displayed. Click on OK button.

Step 14: Scroll down and Click Back.

Step 15: Return File page is displayed. Select Financial year and Return filing month for which month you would like to view the Return.

Step 16: Click on Search. Status of GSTR – 3B return is FILED. Click on VIEW GSTR3B to view GSTR3B return.

Things to keep in mind for filing FSTR 3B

File separate GSTR-3B for each GSTIN

Tax liability of GSTR-3B must be paid by last date of filing GSTR-3B for that month

GSTR-3B cannot be revised or modified

Only consolidated numbers are required in GSTR-3B. Invoice wise breakup is not required.

Return of two GSTIN cannot be clubbed

Summary

The process of filing GSTR3B has been simplified a lot. It is user-friendly, simple and quick. It is less rigid and the chances of inadvertent errors are minimized. Draft returns can also be downloaded at any stage to verify the saved details offline. Auto-fill option is also given to reduce errors. GSTR3B need to be filed monthly. For any queries related to this article visit or Call at Company Vakil

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