Home > GST Home > GST Help Center > GSTR 3B ExaplainedLast Updated: May 12th 2019

GSTR 3B Explained

Finalization of outward supplies (Invoices) and inward supplies (Purchases)

Key Components of GSTR 3B Return:

GSTR-3B is a simplified summary return. GSTR-3B filing is mandatory for all the tax payers who have registered under GST regular scheme. Every registered taxable person must file GSTR-3B every month. It contains the details of all outward as well as inward supplies of goods and services. After considering the details furnished, GSTIN will determine your input tax credit availability or the amount of tax payable.

Due date of Filing GSTR 3B

Every registered taxable person should furnish GSTR 3B on or before 20th day of following month. For example, GSTR 3B for the month of January 2018 is required to be filed on or before 20th February.

Persons not required to file GSTR 3B

  • Non Resident Taxable Person
  • Suppliers of OIDAR
  • Input Service Distributors
  • Composition Dealers

Penalty for Late Filing of GSTR-3B

If the registered person does not file the returns within due date, the Government will levy late fees on the tax payer.

  • If the tax payer has invoices - Rs 50 per each day of delay (Rs 25 under CGST act and Rs 25 under SGST act)
  • If the tax payer does not have invoices - Rs 20 per each day of delay (Rs 10 under CGST act and Rs 10 under SGST act)

Note: However, the late fee under each act (CGST or SGST) cannot exceed Rs 5000.

Example, If the Taxpayer has filed GSTR-3B for the month of December 2017 (due date 20th Jan 2018) on 23rd January 2018.Amount of late fees to be paid.

If the above return was a return with 'Invoice Bills' tax liability, then late fees will be:

  • Rs. 50 per day * 3 days Rs. 150 (Rs. 75 CGST + Rs. 75 SGST)
  • If the above return was a return with 'Zero' tax liability, then late fees will be:

  • Rs. 20 per day * 3 days Rs. 60 (Rs. 30 CGST + Rs. 30 SGST)
  • Interest on delayed payment of tax

    Every person who is registered under GST should pay interest in the following circumstances.

    • Delay in payment of tax i.e. pays GST after the due date.
    • Undue or excess claim of Input tax credit.
    • Undue or excess reduction of output tax liability

    The rate of interest notified by the government are as follows

    ScenarioInterest Per Annum
    Delay in Payment of Tax18%
    Excess ITC claimed or excess reduction in Output Tax28%
    Important Points:
    1. The tax payer can mention only consolidated values for each field in GSTR 3B. Invoice level detailed information not required in GSTR 3B.
    2. The Taxpayer need to file the regular returns in GSTR-1, GSTR2 and GSTR-3.
    3. GSTR-3B return once filed cannot be revised.
    4. A Taxpayer must file a separate GSTR-3B for each GSTIN.
    5. The Regular taxpayer can make Interstate sales as well as local sales also, and they can collect GST from their customers.

    Quick GSTR 3B FAQs

    1.Who should file the GSTR-3B ?

    Every person who is registered for GST as a regular tax payer must file GSTR-3B return every month

    2.How will I pay GST ?

    All taxes will be paid online and there will be no manual payment of taxes. Post generation of challan online, you can pay GST by one of the following modes - Debit card, Internet Banking or cheque at any Bank branch.

    3.Do the Taxpayer need to provide the Invoice level details on GSTR-3B ?

    No, all the details in GSTR-3B will be self-declared in summary manner. Invoice wise breakup details are not required.

    4.A Taxpayer don't have any Sales & Purchase Bills in a month. Does the taxpayer required to file GSTR-3B ?

    Yes, GSTR-3B has to be filed by every registered person even if there are no transactions in a month.

    5.A Taxpayer already filed GSTR-3B, but now he wants to make some modifications. Can the taxpayer file an amendment ?

    GSTR-3B once filed cannot be revised. Adjustments, if any, has to be done subsequently when you file GSTR-1, 2 & 3 for the same tax period.

    6.What happens if a taxpayer has filed the return and intends to discharge the tax liability later ?

    The return will be treated as invalid return and the taxpayer has to file the part B of GSTR 3B again.

    7.What are the modes of discharging tax liability before filing GSTR 3B ?

    Tax liability can be discharged by utilizing credit available in electronic credit ledger and electronic cash ledger.

    Our Tax Services

    Online Income Tax Filing Time: ~7 mins
    • Comprehensive & Accurate > No limits.
    • Highly Secure > Peace of mind.
    • Maximum Deductions > Save on Taxes.
    • No more visits to Tax Consultants > Save Time & Money.
    • Real-time Tax Calculation
    • Available in both Web Browser & Mobile App

    Start NowLearn more

    GST Accounting Software Price: Rs.1499 after 70% Off in India  refer pricing for other countries such as India, Australia, Malaysia, Nepal, Pakistan, Singapore, Sri Lanka, & UK

    Easiest GST ready Accounting software

    • GST Compliant Invoicing
    • Online - Highly available
    • Quick Onboarding - Import your data from legacy
    • Personalization - Highly customized Invoicing
    • Drafts > Estimates > POs > Delivery Challans > Invoices > CR/DR Notes > RCs & All.
    • Barcode scanner Integration
    • Amazon, Flipkart Imports
    • Individual, or Bulk Payments - just a Click away
    • Multiple users can Book / Bill at the same time
    • Quick Invoicing, Auto Delivery, & Reminders
    • Multi-Channel GST returns preparation
    • Customized for Regular and Composition
    • AI Data Insights
    • AI Prioritization
    • AI Alerts
    • Expenses & Purchases
    • Real Time P & L
    • Barcode Scanner, e-Way Bill Integration
    • Excellent User Experience
    • Easy to understand language
    • Artificial Intelligence enablement
    • above all, Count on our Outstanding Client Service

    Start Now
    Expert CA Services Price: Rs.499 onwards

    • Affordable Tax Services for Businesses, Associations, Individuals
    • GST Registration
    • GST Return Filing
    • GST Accounting
    • GST Consultation
    • Notice Handling
    Income Tax
    • Income Tax Return Filing for Businesses, Associations, Individuals
    • Tax Savings
    • TDS Preparation
    • General Tax Compliance
    • Investment Advisory
    • Capital Gains Consultation
    • Tax Planning
    • Notice Handling
    Virtual Accounting
    • Complete Accounting for Businesses, Associations, Individuals
    • Compliance & Accounting Portal Access for easy monitoring
    • Accounting Advisory
    • Tax Savings
    • GST, Income Tax, TDS, General Tax Compliance
    • Business Planning

    Contact Now   WhatsApp Now

    How to get help from EZTax.in