GSTR-3B is a summary return to be filed by a registered dealer on a monthly basis. It is a summary of the total outward supplies and total inward supplies made during the month. The taxpayer need not report invoice level information in this GST Return. Further, before filing GSTR 3B on GST Portal, the registered dealer must make the payment of tax based on GST charged on outward supplies and Input Tax Credit availed on inward supplies.
This GST Return comprises of the following information and details:
GSTR-3B must be filed by the traders registered under the regular scheme of GST registration. They should file GSTR-3B every month while for filing GSTR-1, the monthly scheme or quarterly scheme can be selected based on the turnover.
The following persons need to opt for a special registration and thus cannot file GSTR-3B:
GSTR-3B must be filed on a monthly basis by a taxpayer who is registered under the regular scheme. Up to December 2019, due date to file GSTR-3B was on or before the 20th of the next month. For January 2020 to March 2020, the following are the revised due dates:
|Aggregate Turnover||State||Due Date|
|Above INR 5 Cr in the previous FY||All States||20th of next month|
|Upto Rs. 5 Cr||Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana, Andhra Pradesh, Daman & Diu, and Dadra & Nagar Haveli, Puducherry, Andaman, and the Nicobar Islands, Lakshadweep||22nd of next month|
|Upto Rs. 5 Cr||Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand, Odisha, Jammu and Kashmir, Ladakh, Chandigarh, Delhi||24th of next month|
If the taxpayer does not file GSTR-3B on or before the due date, he is liable to pay a late fee for each day of delay. He is also liable to pay interest on the tax liability.
|GSTR 3B||Summary monthly return||July||Waived|
|GSTR 3B||Summary monthly return||August||Waived|
|GSTR 3B||Summary monthly return (Tax Payable > Nil)||October onwards||INR 50 per day|
|GSTR 3B||Summary monthly return (Tax Payable = Nil)||October onwards||INR 20 per day|
It is not possible to revise GSTR 3B once filed. But Government has now allowed to ‘Reset GSTR 3B’ through which the status of ‘Submitted’ will be changed to ‘Yet to be Filed’, and all the details filled in the return will be available for editing.
Yes. If the taxpayer has missed claiming Input Tax Credit for purchases or expenses made in the previous month, they can claim the ITC in later months. As per the GST Act, the last return to claim input tax credit is GSTR 3B of September month from the end of the financial year to which the purchase or expense pertains.
To reconcile GSTR-3B (summary return of inward and outward supplies) with GSTR-2A (auto-populated return from GSTR-1), follow these steps:
1. Download GSTR-2A from your account on GST Portal
2. Reconcile GSTR-2A with Purchases as per books and take action for mismatch
3. Reconcile GSTR-2A with input tax credit as per GSTR-3B and take action for mismatch