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Furnishing of Return (GSTR-3) [Section 39(1) & (2) of CGST Act] - GST Ready Reckoner - GSTExtract Furnishing of Return (GSTR-3) [Section 39(1) of CGST Act] As per sec. 39(1) of the CGST Act, 2017 Read With Rule 61 , The taxable persons other than ISD/Non-resident taxable person and person paying tax under the provision of section 10, section 51, section 52 of CGST Act shall for every calendar month or part thereof, furnish GSTR-3 Return electronically, of inward and outward supplies of goods or services or both, input tax credit availed, tax payable, tax paid and such other particulars as prescribed under GSTR 3 return format on or before the 20th day of the month succeeding the tax period (the month for which return is filed). Notified persons liable for Furnishing Of return (1) Every registered person paying tax under the provisions of section 10 , shall, for each financial year or part thereof, furnish a return, electronically, of turnover in the State or Union territory, inward supplies of goods or services or both, tax payable, tax paid and such other particulars in such form and manner, and within 30th April from the end of the financial year. (2) Every registered person required to deduct tax at source under the provisions of section 51 shall furnish, in such form and manner as may be prescribed, a return, electronically, for the month in which such deductions have been made within ten days after the end of such month. (3) Every taxable person registered as an Input Service Distributor shall, for every calendar month or part thereof, furnish, in such form and manner as may be prescribed, a return, electronically, within thirteen days after the end of such month . (4) Every registered non-resident taxable person shall, for every calendar month or part thereof, furnish, in such form and manner as may be prescribed, a return, electronically, within thirteen days after the end of a calendar month or within seven days after the last day of the period of registration specified under sub-section (1) of section 27, whichever is earlier. NOTE : Every registered person required to furnish return, under sub-rule (1) shall, subject to the provisions of section 49 , discharge his liability towards tax, interest, penalty, fees or any other amount payable under the Act or the provisions of this Chapter by debiting the electronic cash ledger or electronic credit ledger and include the details in the return in FORM GSTR-3B. Due date of form FSTR-3B [Rule 61(1)] S.No. Nature of the taxpayer Due Date 1. Taxpayer opted for QRMP 22nd or 24th day of the month succeeding such quarter, depending upon it location 2. Every registered person, other than Person opted for QRMP Non-resident taxable person Person paying tax under section 10 Person paying tax under section 51 Person paying tax under section 52 20th day of the month succeeding such month Manner of payment of tax regarding first month and second month As per Rule 61 states Every registered person required to furnish return, every quarter shall pay the tax due for each of the first two months of the quarter, by depositing the said amount in FORM GST PMT-06 , by the twenty fifth day of the month succeeding such month. Provided also that while making a deposit in FORM GST PMT-06, such a registered person may (a) for the first month of the quarter, take into account the balance in the electronic cash ledger. (b) for the second month of the quarter, take into account the balance in the electronic cash ledger excluding the tax due for the first month. Thus the amount deposited by the registered persons shall be debited while filing the return for the said quarter in FORM GSTR-3B, and any claim of refund of such amount lying in balance in the electronic cash ledger, if any, out of the amount so deposited shall be permitted only after the return in FORM GSTR-3B for the said quarter has been filed. GSTR 3 Consists of two parts Part A and Part B . Part A of the GSTR 3 shall be electronically generated on the basis of information furnished through Form GSTR- 1, Form GSTR-2 and based on other liabilities of preceding tax periods. Part B of the GSTR 3 :Every registered person furnishing the GSTR 3, discharge his liability towards tax, interest, penalty, fees or any other amount payable under the Act or these rules by debiting the electronic cash ledger or electronic credit ledger Extension of Due date of filing GSTR-3B W.e.f 20/12/2023 the due date for furnishing the return in FORM GSTR-3B for the month of November, 2023 till the tenth day of January, 2024, for the registered persons whose principal place of business is in the districts of Tirunelveli, Tenkasi, Kanyakumari, Thoothukudi and Virudhunagar in the state of Tamil Nadu. [ Notification No. 01/2024 Central Tax dated 05.01.2024 ] W.e.f. 20.12.2023 the due date for furnishing the return in FORM GSTR-3B for the month of November, 2023 till the twenty-seventh day of December, 2023, for the registered persons whose principal place of business is in the districts of Chennai, Tiruvallur, Chengalpattu and Kancheepuram in the state of Tamil Nadu. [ Notification No. 55/2023 dated 20/12/2023 ] Quarterly return by composition taxpayer under section 10 Legal provision under section 39(2) read with rule 62 of CGST Rules A registered person paying tax under the provisions of section 10, shall, for each financial year or part thereof, furnish a return, electronically, of turnover in the State or Union territory, inward supplies of goods or services or both, tax payable, tax paid and such other particulars in such form and manner, and within such time, as may be prescribed. A registered person opting to withdraw from the composition scheme at his own motion or where option is withdrawn at the instance of the proper officer shall, where required, furnish a statement in FORM GST CMP-08 for the period for which he has paid tax under the composition scheme till the 18th day of the month succeeding the quarter in which the date of withdrawal falls and furnish a return in FORM GSTR-4 for the said period till the thirtieth day of April following the end of the financial year during which such withdrawal falls Obligation to file following return by composition dealer Form No. Periodicity Due date CMP-08 Quarterly 18th day of the month every quarter GSTR-4 Annually 30th day of April, following the end of such financial year. In case withdraw from the composition scheme:- A registered person opting to withdraw from the composition scheme at his own motion or where option is withdrawn at the instance of the proper officer shall, where required, furnish a statement in FORM GST CMP-08 for the period for which he has paid tax under the composition scheme till the 18th day of the month succeeding the quarter in which the date of withdrawal falls and furnish a return in FORM GSTR-4 for the said period till the thirtieth day of April following the end of the financial year during which such withdrawal falls. Other points The registered person, shall pay to the Government the tax due as per such return not later than the last date on which he is required to furnish such return. A registered person, claiming refund of any balance in the electronic cash ledger in accordance with land may claim such refund in Part B of the return in Form GSTR-3 and such return shall be deemed to be an application filed under section 54. Where the time limit for furnishing of details in Form GSTR-1 under section 37 and in Form GSTR-2 under section 38 has been extended, return in Form GSTR-3B, in lieu of Form GSTR-3, may be furnished in such manner as may be notified by the Commissioner. A registered person shall not be allowed to furnish a return for a tax period if the return for any of the previous tax periods has not been furnished by him. The registered person, on discovery of any error or omission or inaccurate particulars therein, other than as a result of scrutiny, audit, inspection or enforcement activity by the tax authorities, shall rectify the error or the omission in the return to be furnished for the month or quarter during which omission or incorrect particulars are noticed. However, no such rectification of error or omission as specified above shall be allowed after furnishing GSTR 3 section 39 for the month of September following the end of the financial year to which such details pertain, or furnishing of the relevant annual return, whichever is earlier.
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