A list of forms for GST filing has been introduced by the Central Board of Excise and Customs (CBEC). GSTR 3B is the return summary that the assesses are mandated to file regularly to present the details of sales, ITC claims, tax liability, refunds, etc recorded on their GSTIN. Amongst the whole lot, Form GSTR 3B is crucial if you are enrolled under the GST regime. Beyond forms such as GSTR-1, GSTR-2, and GSTR-3 that you would file in September need to file the GSTR 3B monthly. This blog provides complete information about the filing of GSTR 3b due date and monthly and quarterly details.
Overview of GSTR 3B Return Form
For taxpayers, Form GSTR-3B is a simplified summary return to declare and release their GST obligations for a particular tax duration. For each tax period regular assesses are mandated to file GSTR-3B returns specifying their summary GST liabilities. It is obligated for the taxpayer to report the summary numbers of sales, ITC claimed, and net tax payable in GSTR 3B.
Once you submit GSTR-1, GSTR-2, and GSTR-3 forms for the corresponding months, after filing of GSTR 3B then the income tax department will match your claims against your monthly transaction reports. You may suffer if they do not discover the details of the invoice matching the preliminary data that has been submitted by you. Therefore, ensure you pay attention to your GSTR 3B filing and review all the details thoroughly before hitting the submit button.
Below are some essential points to note:
- For every GSTIN a separate GSTR-3B should be filed.
- The GST obligation needs to be settled on or before the due date for filing GSTR-3B, whichever comes first.
- It is not feasible to file GSTR-3B once filed.
- GSTR-3B should get filed significantly despite having zero liability.
Who Needs to File GSTR-3B Returns?
Every person must file GSTR-3B enrolled in GST. Even in regular intervals, the filing of these forms is obligatory whether your monthly transaction is nil or is not significant. But you are not needed to file GSTR 3B if you are an input service distributor, a composition dealer, a supplier of online information and database access or retrieval services (OIDAR), or a non-resident taxable Indian.
The below-mentioned registrants doe not required to file GSTR-3B
- Taxpayers registered under the Composition Scheme
- Input service distributors
- Non-resident suppliers of OIDAR service
- Non-resident taxable persons
Latest Updates of GSTR 3B Return Filing Form
- GST Portal allows taxpayers to calculate their liability and ITC when reporting RCM transactions. Read Pdf
- 53rd GST Council Meeting Updates
- The GST Council for the amendment or additions as recommended the GST-1A option form for the assesses immediately before 3B filing Read more
- An amendment in rule 88B of CGST Rules has been proposed by the GST Council to provide that an amount, that is available in the Electronic Cash Ledger on the due date of filing of return in form GSTR-3B, and is debited at the time of filing the said return, will not be contained during computing the interest u/s 50 of the CGST Act concerning the late filing of the said return.
- The 53rd meeting of the GST Council, chaired by Union Finance Minister Nirmala Sitharaman, made proposals to enhance GST compliance and streamline business operations. Here are the highlights:
- Some taxpayers can reset and re-file their GSTR-3Bs with the GSTN department. Read Notification
- GSTR-3B late filings that were hampered by technical issues have been waived off the interest charge by the CBIC. Read Notification
- The due date for filing GSTR-3B in certain districts of Tamil Nadu has been extended until 10th January 2024. Read Notification
- GST return filers can now file their returns smoothly as the glitch in the auto-population of ITC in GSTR-3B has been fixed. Read Notification
- “Due dates for monthly filing of GSTR-3B for April to July 2023 have been extended until 25th August 2023 for taxpayers with principal places of business in Manipur. Read PDF
- Also, the government has relaxation for the quarter filing of GSTR 3B.” Read Notification
- The Kerala GST Department has released guidance for Standard Operating Procedure (SOP) to keep a check on taxpayers who reverse ineligible IGST ITC in the GSTR 3B form. Read Notification
- To ensure timely filing of GSTR-1 by taxpayers, this government restriction has been implemented. Late fees and penalties would be imposed on taxpayers if GSTR-1 wasn’t filed, preventing them from filing GSTR-3B. Read Notification
- The GST advisory on liability and differences between GSTR-1 and GSTR-3B (DRC-01B) Read Notification
- “The GSTR-3B filing due date for May month has been extended till 30th June for Gujarat’s districts, Kutch, Jamnagar, Morbi, Patan and Banaskantha.” Read Notification
Complete Website with New ICAI CA India Logo”
Due Dates for GST Return Filing for GSTR 3B
For monthly filers, the last date to file Form GSTR-3B is the 20th day of the month following the tax period. The deadline for the quarterly filers as reported for distinct States/UTs, are the 22nd and 24th days of the month following the quarter. The deadline can be extended by the government to file Form GSTR-3B via a notification. A late fee along with the interest can be drawn for the late filing of GSTR-3B.
For the below important points mentioned things the assessee should be familiar:
- Within the due date, the assesses should ensure to file the taxes along with GSTR-3B.
- GSTR-3B late filing draws a late fee along with an interest at 18% per annum.
- If the tax was filed within the deadline however the GSTR-3B was furnished post due date then the late fees as well as the interest would get charged.
- Taxpayers (including those not opting for the QRMP Scheme) filing quarterly GSTR-1 returns should pay tax and file GSTR-3B every month.
GSTR 3B Due Dates For November 2024
| Period (Monthly) | Last Dates |
|---|---|
| December 2024 | 20th January 2025 |
| November 2024 | 20th December 2024 |
| October 2024 | 20th November 2024 |
| September 2024 | 20th October 2024 |
| August 2024 | 20th September 2024 |
| July 2024 | 20th August 2024 |
| June 2024 | 20th July 2024 |
| May 2024 | 20th June 2024 |
| April 2024 | 20th May 2024 |
| March 2024 | 20th April 2024 |
| February 2024 | 20th March 2024 |
| January 2024 | 20th February 2024 |
| December 2023 | 20th January 2024 |
| November 2023 | 20th December 2023 December for Tamil Nadu State’s districts (Chennai, Tiruvallur, Chengalpattu, Kancheepuram) Read Notification |
| October 2023 | 20th November 2023 |
| September 2023 | 20th October 2023 |
| August 2023 | 20th September 2023 |
GSTR 3B Annual Turnover up to INR 5 Cr in Previous FY (but Opted Monthly Filing)
| Period (Monthly) | Last Dates |
|---|---|
| December 2024 | 20th January 2025 |
| November 2024 | 20th December 2024 |
| October 2024 | 20th November 2024 |
| September 2024 | 20th October 2024 |
| August 2024 | 20th September 2024 |
| July 2024 | 20th August 2024 |
| June 2024 | 20th July 2024 |
| May 2024 | 20th June 2024 |
| April 2024 | 20th May 2024 |
| March 2024 | 20th April 2024 |
| February 2024 | 20th March 2024 |
| January 2024 | 20th February 2024 |
| December 2023 | 20th January 2024 |
| November 2023 | 20th December 2023 December for Tamil Nadu State’s districts (Chennai, Tiruvallur, Chengalpattu, Kancheepuram) Read Notification |
| October 2023 | 20th November 2023 |
| September 2023 | 20th October 2023 |
| August 2023 | 20th September 2023 |
| July 2023 | 20th August 2023 |
| June 2023 | 20th July 2023 |
Annual Turnover Upto INR 5 Cr in Previous FY But Opted GSTR 3b Due Date For Quarterly Return
| Annual Turnover | GSTR 3b Quarterly Due Date |
|---|---|
| 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)
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)
|
What Are the Key Features of GSTR-3B?
- Monthly filing requirement: All registered GST dealers should be obligated to file the GSTR-3B every month as a part of their compliance obligations.
- GSTIN-specific filing: For each GSTIN (Goods and Services Tax Identification Number) associated with the business entity a separate GSTR-3B form is to get filed.
- Mandatory for zero liability: A business must file GSTR-3B, even if it has no tax obligations for that specific period.
- Irreversible filing: GSTR-3B cannot be revised once filed. Therefore, it is critical to ensure accuracy in the reported data.
- Simplified format: The form is made with an easier format to make the process of filing easier, lessening the compliance load on the assesses.
Difference Between GSTR-3B, GSTR 1, GSTR-2A, & GSTR-2B?
| GSTR 3B | GSTR 2A | GSTR 2B | GSTR 1 |
|---|---|---|---|
| Self-declared summary return filed monthly, reflecting outward and inward supplies, tax liability, and ITC details. | Self-declared summary returns filed monthly, reflecting outward and inward supplies, tax liability, and ITC details. | Static ITC statement generated monthly, independent of suppliers’ actions, aiding in reconciling ITC claimed in GSTR-3B with available credits. Reconciliation ensures accurate ITC claims, compliance, and penalty avoidance. | Details of outward supplies provided via the taxpayer, filed monthly/quarterly |
Read Alos: GSTR 1 Due Dates For Regular Taxpayers
What is The method to Compute GST?
The GST consolidates all other taxes, making manual calculations a complex endeavour. As an assessee while computing GST related to your GSTIN would required to follow a list of charges. Beginning from reverse charges, exempted supplies charges, and inter-state sales charges, along with the eligible and non-eligible ITC. Simply, your GST obligation is a total of GST subjected to get paid on reverse charge, inward supplies, and outward supplies.
This amount is calculated separately for each month that you report using the GSTR 3B form and subsequently pay according to the specified due dates. You can also utilize a GST calculator to simplify and streamline your GST calculations.
Steps to Download the Filed GSTR 3B Return from the GST Portal
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.
To download your GSTR-3B from the GST portal, follow these instructions.
- Open your web browser and proceed to the official GST portal.
- Log in to the portal via your registered GST identification number and password.
- After logging in, look for the ‘Services’ tab on the main navigation menu.
- Hover over or tap on the ‘Services’ tab and a drop-down menu will appear. Here, choose ‘Returns’.
- From the options that appear next, select ‘Returns Dashboard’.
- You will be directed to a new page to pick the financial year and the return period for which you want to download the GSTR-3B form. Use the drop-down menus to select as needed.
- After selecting the appropriate financial year and return period, tap on the ‘Search’ button.
- On the next screen, you will notice the GSTR-3B tile. Tap on the ‘DOWNLOAD’ button visible on this tile.
- If you have filed your GSTR-3B earlier, you can download it directly by tapping on the ‘Download filed GSTR-3B’ option.
What You Need to Know About GSTR-3B
Before discussing the last date for the GSTR-3B let’s learn what details this return comprises-
- GSTIN: The GST Identification Number of the taxpayer.
- Legal Name of the Registered Person: The taxpayer’s name as stated in their GST registration certificate.
- Outward Supplies details: All outward supplies made during the tax year are described in detail in this section. Supplies to consumers, exports, and taxable supplies are only a few of the divisions.
- Inward Supplies details: Taxpayers disclose the specifics of their purchases here. The input tax credit (ITC) claim depends on this information.
- Tax payment: Based on their outgoing and incoming goods, taxpayers figure out their overall tax obligation and then submit the required payment.
- TDS and TCS Credit: The taxpayer is entitled to a credit for any tax that was deducted or collected at the source
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.
GSTR 3B Penalties and Interest
However, if there taxpayer fails to submit their return within the specified due dates mentioned earlier, they will incur a late fee of Rs. If applicable, 50 per day (Rs. 25 per day in CGST and Rs. 25 per day in SGST). Additionally, a late fee of Rs. 20 per day (Rs. 10 per day in each CGST and SGST) applies in cases of Nil tax liability. The interest can accrue to a maximum of Rs. 5000, calculated from the due date until the return submission date.
Late GST Payment and Missing GST Return Due Date Penalty and Interest for GSTR-3B.
- 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.
- 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.
- 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, will be charged a late fee.
| Particulars | Late fee payable |
| In the case of Nil liability | Nil |
| In case any tax is payable | Maximum cap of Rs 250 (CGST) and Rs 250 (SGST) that Rs 500 per return |
4. The person in point 3 is not eligible for an input tax credit for the years 2017–18 or 2018–19 because the deadline for both years has passed, necessitating full payment of taxes in cash.
Licensed GST Taxpayers who do not pay their taxes by the due date that was postponed will also be required to pay a 9% annual late charge, which is just half the current interest rate of 18%.
For instance, If you losses 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 comprehensive information regarding GST interest, late fees, and penalties, you can find detailed resources at this location.
However, if a taxpayer fails to submit their return within the specified due dates mentioned earlier, they will incur a late fee of Rs. If applicable, 50 per day (Rs. 25 per day in CGST and Rs. 25 per day in SGST). Additionally, a late fee of Rs. 20 per day (Rs. 10 per day in each CGST and SGST) applies in cases of Nil tax liability. The interest can accrue to a maximum of Rs. 5000, calculated from the due date until the return submission date.
Recognizing the burden on taxpayers, both the central government and the GST council have taken steps to alleviate it. The first measure involves reducing the interest rate by half and waiving the late fees for GSTR 3B filings in August and September. It’s worth noting that if taxpayers have already paid late fees, the amount will be refunded to their ledger.
Note: GSTR 3B Based On Categories Of Taxpayers
Amidst the struggle faced by taxpayers regarding GST filing, the tax administration has 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 the 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
