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GST-3B Return filing, format , due date & rules

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GST-3B Return filing, format , due date & rules
Estartup India By: Estartup India
March 17, 2023
All Articles by: Estartup India       View Profile
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Every registered taxpayer must file a GST Return. There are many GST forms or returns. The most important of these forms is GST-3B. This article will provide all the information you need about GST-3B Return Filing. It includes format, due date and rules.

What is GST-3B Return Filing and how do I get it?

GSTR-3B forms are used to notify and remit GST obligations. For each tax period, a normal taxpayer must file Form GSTR-3B returns. GSTR-3B returns are not required to be submitted by taxpayers. This is in contrast to other GST forms. It is simply a summary report of all inward and outward supplies.

What is the best time to file GSTR-3B

If their annual combined turnover is less than Rs. 5, small taxpayers can choose the Quarterly Return Monthly Payment (QRMP), and submit Form GSTR-3B quarterly. 5 crores. However, such taxpayers must still submit their returns monthly if they decide not to join the QRMP plan.

Who needs to do GST-3B Return Filing?

GST-3B Return Filing is required for every individual and business entity that has GST Registration. Only the following individuals are exempt:

  • GST Registration for Businesses under the Composition Scheme
  • Input Service Distributors
  • Online Information Database Access and Retrieval Services Suppliers
  • Non-resident taxable people

GSTR-3B Essentials

  • Businesses must also file GSTR-1, GSTR-2 and GSTR-3 monthly returns.
  • You can connect to the GST Portal Network or file GSTR-3B online through challans at banks or online payments
  • Register mobile number
  • Click on "Monthly return GSTR 3B."
  • Complete all fields of Form GSTR-3B.
  • To release any obligation to pay taxes, interest, penalties or fees, debit the computerized credit/cash ledger.
  • To verify the return (digital signature certification of class 2 or higher), use an EVC or DSC (electronic verification cod)
  • After validation, you should note down a success message as well as an acknowledgement reference number.

GSTR 3B: Details

  • Summary information on reverse charge and tax liability for inbound and outbound supplies
  • Information on interstate deliveries to unregistered persons, composition taxable individuals and UIN holders
  • Accessible ITC, reversed ITC, available net ITC, unavailable ineligible ITC, etc.
  • Descriptions of inbound supplies exempted, zero, or non-GST are given.
  • Information on late fees and interest
  • Information on late payments, interest and tax (if applicable)
  • Credit information for TDS/TCS

What are the penalties or late fees for failing to file GSTR-3B?

You will be charged a late fee if you submit GSTR-3B after the deadline. It is assessed according to the following:

  • Rs. 50 for every additional day of delay
  • The penalty for taxpayers who do not have any tax due for the month is Rs. 20 per day for delay
  • If the GST obligations are not paid by the deadline, interest of 18% per year is charged on any unpaid tax.


By: Estartup India - March 17, 2023



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