All You Need to Know About Gstr-3b Filing

GSTR-3B is not mandatory for all there are some exceptional cases. Let’s find out who all can exempt GSTR-3B filing:

  • Business falls under the composite scheme
  • Persons who are not registered
  • Unique identification holders Keynotes related to GSTR 3B:
  • GSTR-3B needs to on 20th of every month
  • If a business fails to file GSTR-3B then he has to pay 18% of tax as penalty charges
  • It’s mandatory for all even if you are not registered under GST
  • GSTR-1 can be filed using same data filed in GSTR-3B
  • GSTR-3B needs file separately for each GST number
  • This filing can’t be revised, unlike other filings. GSTR-3B can be revised only through GSTR-1, GSTR-2 & GSTR-3 filings
  • GSTR-3B need to file every month up to June 2018
  • All taxes need to be paid before filing GSTR-3B
  • GSTR-3B is a summary of all other filings. So, in GSTR-3B input total sales figures, purchase amount, input tax credit amount & total payments.
  • GSTR-3B can’t be used to claim any refund
  • For migrated taxpayers, it’s necessary to provide all details mentioned in REG-26 to file GSTR-3B

Now how to file GSTR-3B: Detail GSTR-3B filing process on Government portal:

  • First, visit GST portal gst.gov.in
  • Then find RETURNS under SERVICES button
  • GSTR-3B need to file on govt. GST portal i.e. gst.gov.in
  • Then click on Returns DashBoard and fill the required period for return filing
  • Here you need to enter the Return Filing Period & Respective Year details to start the return filing process
  • Then click the SEARCH button
  • Now you will see various returns filing buttons. You need to select the GSTR-3B return filing box and click on PREPARE ONLINE
  • Then Click on OK button to proceed
  • This will redirect you to a page where you need give answers to a lot of questions to reach to the relevant section
  • Answer all questions and click on next to proceed
  • You will see the GSTR-3B page to provide inward supplies, outward supplies etc. details
  • Now you will see different tiles with different heads, click on the respective tile and fill up details
  • And you will see all details entered under respective heads
  • Then do a proper review and click on SAVE GSTR-3B
  • You can also preview the details submitted by you, click on PREVIEW DRAFT GSTR-3B and verify all details
  • Then a PDF will pop up showing tax details
  • Click on PROCEED TO PAYMENT
  • You will see cash & ITC available on the respective date. Now check if the available cash balance is enough to pay liabilities or not
  • If the available cash balance is less then you may create a challan for rest amount
  • Click on MAKE PAYMENT/POST CREDIT TO LEDGER button to pay off the liabilities or to claim credit in case of no liabilities.
  • Now you will see a message asking a confirmation to credit claim & utilization
  • Click on YES button
  • Go to the bottom of the page and you will see a declaration message with a checkbox
  • Now click on PROCEED TO FILE button
  • Click on the box and select the authorized signatory
  • Bottom of that you will see two options one is FILE GSTR-3B WITH DSC and other one FILE GSTR-3B WITH EVC
  • Click on the appropriate button
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