Search results
- I have no sales or purchase in a month. Should I still file GSTR-3B? Yes, GSTR-3B has to be filed by every registered person even if there are no transactions in a month.
- Should I provide invoice-wise details on the return? Only consolidated numbers are required in GSTR-3B. Invoice-wise breakup is not required.
- I have 2 GST Identification numbers. One in Delhi and the other in Assam. Can I file 1 GSTR-3B for both registrations? No. GSTR-3B has to be filed for every GSTIN separately.
- Can I file the GSTR-3B return using the ClearTax GST Software? You can prepare and file GSTR-3B with EVC and DSC on the ClearTax GST Software, without going to any other portal.
For quarterly filers, due date for filing of Form GSTR-3B, as notified for different States/UTs, is 22nd and 24th day of the month following the quarter for which the return pertains. However, due date for filing of Form GSTR-3B can be extended by Government through notification. 5.
In case the returns in FORM GSTR-3B for the said months are not furnished on or before 24th day of June, 2020 then interest at 18% per annum shall be payable from the due date of return, till the date on which the return is filed. In addition, regular late fee shall also be leviable for such delay along with liability for penalty.
- 164KB
- 5
- What Is The GSTR 3B form?
- What You Need to Know About GSTR-3B
- Who Is Required to File GSTR-3B Returns?
- Where Can One File Form GSTR-3B?
- At What Time Is It Required to File GSTR 3B?
- GSTR 3B Annual Turnover Up to INR 5 Cr in Previous FY
- GeneratedCaptionsTabForHeroSec
GSTR-3B is essentially a monthly self-declaration filed by a registered dealer, in addition to the GSTR-1 and GSTR-2A/2B forms. It serves as a consolidated summary of both inward and outward supplies and was introduced by the Government of India to provide relief to businesses transitioning into the GST regime. In simpler terms, it offers a simplif...
Before discussing the last date for the GSTR-3B let’s learn what details this return comprises- 1. GSTIN: The GST Identification Number of the taxpayer. 2. Legal Name of the Registered Person: The taxpayer’s name as stated in their GST registration certificate. 3. Outward Supplies details: All outward supplies made during the tax year are described...
Even though you are not required to pay any GST for that month, if you are a registered taxpayer with a valid GSTIN number, you are required to file the GSTR-3B returns. The following registrants, however, are exempt from submitting GSTR-3B. 1. Taxpayers registered under the Composition Scheme 2. Input service distributors 3. Non-resident suppliers...
Through the GST portal Form, GSTR-3B can be filed in the return section. In the option of post-login mode, one can access it by clicking on the services > Returns > Returns Dashboard. After choosing the fiscal year and tax period, Form GSTR-3B, (if applicable), for the provided period.
On the monthly grounds, the form GSTR 3B is to be filed and the 20th day of the subsequent month is the last date for the submission of the same. For example, 20th February 2024 is the GSTR 3B last date for January 2024. For the below-mentioned things the assessee should be familiar: 1. Late filing GSTR-3B draws an interest of 18% per annum which i...
Late GST Payment & Missing GST Return Due Date Penalty Interest
Facts of GSTR-3B 1. In the state of tax liability, late fees for late filing of GSTR-3B are Rs 25 (CGST) and Rs 25 (SGST) i.e. Total of Rs 50 per day. 2. In the state of nil liability late fees for late filing of GSTR-3B are Rs 10 (CGST) and Rs 10 (SGST) i.e. Total of Rs 20 per day. 3. The enrolled person who failed to submit the return in FORM GSTR-3B by the issued deadline for July 2017 to January 2020 and submits the said return between the dates of July 1, 2020, and September 30, 2020, wi...
GSTR-3B vs GSTR-1: Comparison
Settlement of GSTR-1 with GSTR-3B is required: 1. Save penalty and interest about the lesser payment of tax. 2. Determine if any invoice gets dropped out or repeated. 3. Permit to claim an accurate input tax credit based on GSTR-2A. 4. Get under the GST complaint along with improvement in the GST agreement rating. Latest Update:
Note: GSTR 3B Based On Categories Of Taxpayers
Amidst the struggle faced by taxpayers in terms of GST filing, the tax administration has now decided to provide some relief in the form of extended due dates. The government has given three due dates for filing GSTR 3B. Taxpayers with an annual gross of Rs. 5 Cr or more (in the previous year) and from any part of the country are obliged to file the returns by the 20th of the relevant month without late fees. Similarly, taxpayers with an annual gross of less than 5 Cr and from 15 states are o...
Learn about the GSTR 3B form, who is required to file it, and when it is due. Find out the late fees, interest, and exemptions for GSTR 3B returns under the GST regime.
Jul 8, 2020 · Find out the due dates, interest rates and late fees for filing GSTR-3B, the monthly tax return for GST registered taxpayers. Compare the due dates for taxpayers with turnover more than 5 crores and up to 5 crores in different states and union territories.
This page displays the due date of filing the returns, which the taxpayer is required to file (using separate tiles). In the Form GSTR-3B tile, click the PREPARE ONLINE button. 3.2. A list of questions are displayed. You need to answer all the questions to show the relevant sections of Form GSTR 3B as applicable to you. Click the NEXT button ...
Jan 31, 2024 · GSTR-3B is a monthly self-declaration to be filed by a registered GST dealer along with GSTR 1 and GSTR 2 return forms. The due date for submission every month is the 20th of the succeeding month, but it will be discontinued from January, 2020.
