What is Form GSTR-3B?

Form GSTR-3B is simply a summary return whose work is the taxpayer declares about the liabilities of GST for the tax period and relive those liabilities. For each tax period, a normal assessee needs to file Form GSTR-3B returns.  Unlike other GST forms, Taxpayers need not provide any invoice details while filing GSTR-3B returns. GSTR 3B due date is mentioned at the bottom while it must be filed every 20th, 22th, 24th of the subsequent month.

Who should file GSTR-3B?

A GST registered individual has to file GSTR-3B return including zero returns. Although other enrolled people do not have to file GSTR-3B.

• Input Service Distributors & Composition Dealers 
• Suppliers of OIDAR 
• Non-resident taxable person

Where Can one File Form GSTR-3B?

Through the GST portal Form, GSTR-3B can be filed in the return section. The option of post-login mode one can access it by clicking to the services > Returns > Returns Dashboard.  After choosing the fiscal year and tax period, Form GSTR-3B, (if applicable), for the provided period. 

When Do I Need to File Form GSTR-3B?

The 20th day of the month is the issued date for filing the Form GSTR-3B succeeding the month (tax period) concerning the return. Although the issue date for filing the GSTR-3B form will be extended by the government. 

Is it important to file Form GSTR-3B however there is no business for the particular tax period?

The filing of GSTR-3B  is important both for normal and casual taxpayer even in the condition of no businesses in the particular tax period. 

How can one create save, pay taxes and file Form GSTR-3B return?

Form GSTR-3B is a simplified summary return which states that the taxpayers declare the summary of GST liabilities for the specific period and relive liabilities. The normal taxpayer is needed to file Form GSTR-3B returns for each tax period. 

GSTR-3B vs GSTR-1: Comparison

 Settlement of GSTR-1 with GSTR-3B is required:

• Save penalty and interest with regard to the lesser payment of tax.
• Determine if any invoice gets dropped out or repeated. 
• Give permission to claim for an accurate input tax credit on the basis of GSTR-2A.
• Get under the GST complaint along with improvement in GST agreement rating.

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GSTR 3B Due Date For September 2021

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GSTR 3B Annual Turnover of More Than INR 5 Cr in Previous FY

Period (Monthly)	Last Dates
September 2021	20th October 2021
August 2021	20th September 2021
July 2021	20th August 2021
June 2021	20th July 2021
May 2021	20th June 2021
April 2021	20th May 2021
March 2021	20th April 2021
March 2021	20th April 2021
February 2021	20th March 2021
January 2021	20th February 2021
December 2020	20th January 2021
November 2020	20th December 2020
October 2020	20th November 2020
September 2020	20th October 2020
August 2020	20th September 2020
July 2020	20th August 2020
June 2020	20th July 2020
May 2020	20th June 2020

GSTR 3B Annual Turnover Upto INR 5 Cr in Previous FY (but Opted Monthly Filing)

Period (Monthly)	Last Dates
September 2021	20th October 2021
August 2021	20th September 2021
July 2021	20th August 2021
June 2021	20th July 2021
May 2021	20th June 2021
April 2021	20th May 2021
March 2021	20th April 2021
March 2021	20th April 2021
February 2021	20th March 2021
January 2021	20th February 2021

Annual Turnover Up to INR 5 Cr in Previous FY But Opted Quarterly Filing

Annual Turnover

Quarterly with Due Dates

Annual Turnover Up to INR 5 Cr in Previous FY But Opted Quarterly Filing

State 1 Group (Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana, Andhra Pradesh, Daman & Diu and Dadra & Nagar Haveli, Puducherry, Andaman and Nicobar Islands, Lakshadweep) July-Sep 2021 – 22nd October 2021 Apr-Jun 2021 – 22nd July 2021 Jan-Mar 2021 – 22nd June 2021 State 2 Group (Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand, Odisha, Jammu and Kashmir, Ladakh, Chandigarh, Delhi) July-Sep 2021 – 24th October 2021 Apr-Jun 2021 – 24th July 2021 Jan-Mar 2021 – 24th April 2021

Latest Update:

• “CBIC implemented new changes in GST QRMP Scheme for the taxpayers on the GSTN portal. The new changes include auto-population of form GSTR-3B, NIL filing of GSTR-1 via SMS, and related to the registration cancellation.” Read more PDF
• “CBIC official department issued the latest updates on the GSTN portal related to the late fee for the registered taxpayer of GSTR 3B return form.” Read more
• “CBIC notified the new notification for waiver of interest and a late fee of return monthly or quarterly basis and composition taxpayers.” Read Notification
• “To provide relief to the taxpayers, late fee for non-furnishing FORM GSTR3B for the tax periods from July, 2017 to April, 2021 has been reduced / waived as under. (1) late fee capped to a maximum of Rs 500/- (Rs. 250/- each for CGST & SGST) per return for taxpayers, who did not have any tax liability for the said tax periods. (2). late fee capped to a maximum of Rs 1000/- (Rs. 500/- each for CGST & SGST) per return for other taxpayers;”
• “The reduced rate of late fee would apply if GSTR-3B returns for these tax periods are furnished between 01.06.2021 to 31.08.2021.”
• “For taxpayers having nil tax liability in GSTR-3B or nil outward supplies in GSTR-1, the late fee to be capped at Rs 500 (Rs 250 CGST + Rs 250 SGST)”
• “For taxpayers having Annual Aggregate Turnover (AATO) in preceding year upto Rs 1.5 crore, late fee to be capped to a maximum of Rs 2000 (1000 CGST+1000 SGST);”
• “For taxpayers having AATO in preceding year between Rs 1.5 crore to Rs 5 crore, late fee to be capped to a maximum of Rs 5000 (2500 CGST+2500 SGST);”
• “For taxpayers having AATO in the preceding year above Rs 5 crores, the late fee to be capped to a maximum of Rs 10000 (5000 CGST+5000 SGST).”
• “NIL rate of interest for first 15 days from the due date of furnishing the return in FORM GSTR-3B or filing of PMT-06 Challan, reduced rate of 9% thereafter for further 45 days and 30 days for March 2021 and April 2021 respectively.”
• “Waiver of late fee for delay in furnishing return in FORM GSTR3B for the tax periods March / QE March 2021 and April 2021 for 60 days and 45 days respectively, from the due date of furnishing FORM GSTR-3B” Read Notification
• “Waiver of interest and late fee to normal taxpayers (filing return on a monthly or quarterly basis) and composition taxpayers, for the tax periods of March and April 2021Read Notification
Read Notification
• “Taxpayers registered under Companies Act, 2013, can now file their Form GSTR-1 and GSTR-3B with EVC also, apart from using DSC, on GST Portal.”

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 obliged to file returns by 22nd of the relevant month.

Lastly, taxpayers from 22 states with an annual gross of less than 5 Cr in the previous year are required to file the returns by the 24th of the relevant month. Official Press Release

Interest on Late GST Payment & Missing GST Return Due Date Penalty

Important things relating to GSTR-3B:

1. In the state of tax liability, late fees for delayed filing of GSTR-3B is Rs 25 (CGST) and Rs 25 (SGST) i.e Total Rs 50 per day.

2. In the state of nil liability late fees for delayed filing of GSTR-3B is Rs 10 (CGST) and Rs 10 (SGST) i.e Total Rs 20 per day.

3.The enrolled person who abandoned to furnish the return in FORM GSTR-3B for the months of July 2017 to January 2020, within the issued date and furnishes the said return between the period from 01st day of July 2020 to 30th day of September 2020.” than the late fee payable for the same are:

Particulars	Late fee payable
In the case of Nil liability	Nil
In case any tax payable	Maximum cap of Rs 250 (CGST) and Rs 250 (SGST) that Rs 500 per return

4. The individual in point 3 cannot avail Input Tax Credit for the year 2017-18, 2018-19 as the time limit for availing of ITC for both the years has lapsed which points that whole tax needs to be paid in cash.

Registered GST Taxpayers who failed to pay taxes on or before the due rescheduled date will have to pay an additional late fee amount at 9% per annum, the levied 9% interest is just half of the current Intrest rate which was 18%.

For example, If you get failed to pay your taxes on or before the due date, you will have to pay an additional 1000*09/100*1/365 = Rs. 0.24 per day without relaxation at 18% it was 1000*18/100*1/365 = Rs. 0.49 per day as the late fee, Intrest, or penalty.

• Rs. 1000 is the tax liability amount
• 1 is the number of delayed days and 
• 18 is the rate of interest (annual). 

For more details of GST interest late fee and penalties, you can visit Here 

However, if the taxpayer failed to file his/her return within the due dates stated above then he will be liable to pay a late fee of Rs. 50/day i.e.(Rs. 25 per day in CGST and Rs. 25 per day in SGST) if applicable and additionally Rs. 20 per day i.e. Rs. 10/day in each CGST and SGST in case of Nil tax liability. The interest can go at a maximum of Rs. 5000/-, calculated from the due date till the date of returns filed.

The Central Government and the GST council thought about the pressure on the taxpayers and offered some relief, the first one is by reducing the Intrest rate to half and removing the late fees on GSTR 3B filing for the month of August and September. We would also like to inform you that if the taxpayers already paid the late fees, then the paid amount will be credited back to the taxpayers’ ledger.