GSTR-3B is a summary return of the total outward supplies i.e. sales and total inward supplies i.e. purchases made during the month. Every dealer registered under the regular scheme of GST should file GSTR-3B on or before the 20th of next month. In case there are no business transactions, you must file a NIL GST Return. The taxpayer cannot Revise GSTR-3B. However, the taxpayer can reset GSTR-3B
The GST Council announced that ‘Reset GSTR-3B’ through which the status of ‘Submitted’ will change to ‘Yet to be Filed’, and the taxpayer can now edit details filled in the return.
To file GSTR-3B, there are the following stages.
- Payment of Tax and
If the taxpayer has filed the return, he cannot Revise GSTR-3B. However, if the taxpayer has submitted the return but not filed, he can reset it. Further, the taxpayer can use the option to reset GSTR-3B only once.
Steps to Reset GSTR-3B
- Visit GST Portal
Login to GST Portal using valid credentials
- Navigate to Services
Click on Returns > Returns Dashboard
- Select the Financial Year and Period of filing
Click on ‘PREPARE ONLINE’ under Monthly Return GSTR 3B
- Reset GSTR-3B option activated
The status of the return is ‘Submitted’. The option to Reset GSTR3B is activate now.
- Click on Reset GSTR3B.
As a result, a warning message that entries in E-Liability Ledger will be deleted and Input Tax Credit will be reversed will appear on the screen. Click on Yes.
- Success Message
Success message that reset is successful will appear on the screen. Thus, the status of return changes to ‘Yet to be filed’.
- Make changes and submit again
Make changes to the return and submit again. Also, do remember that this reset option was available only once.
Yes, but with payment of applicable interest and late fee. Late fee has been waived for the month of July only.
All normal taxpayers and casual taxpayers are required to file the GSTR 3B in addition to GSTR 3 every
time there is an extension of due dates of filing for GSTR 1 and GSTR 2.
GSTR 3B can be filed from the returns section of the GST Portal. In the post login mode, you can access it by going to Services > Returns > Returns Dashboard. After selecting the financial year and tax period,
GSTR 3B, if applicable, in the given period will be displayed