Step by Step GSTR 3B Return Filing Procedure Guide

The GSTR 3B form is a return form declared by the Indian government for the return filing only for initial 6 months of GST implementation. The GSTR 3B form will be filled up for the month of July to December 2017 along with the normal return forms – GSTR 1, 2 and 3.

You can read entire help guide for filing GSTR-3B on Indian government portal here: GSTR 3B Creation-Submission PDF or download GSTR 3B offline utility.

A Registered dealer is mandated to file average three Returns in every month and 1 return annually under the GST. So, that total comes 37 Returns every year for the registered taxpayer. Initially, the GSTR 1, 2 and 3 were extended for the filing by the taxpayers for the month of July to December 2017.

Some of the Features of Return Form GSTR-3B

• GSTR 3B to be filed mandatorily by all normal registered taxpayers
• Nil returns to be filed in case of no business
• Summary of information about sale and purchase, available input tax credit, tax payable, tax paid is to be furnished
• All input tax credit availed and utilised will be posted in the ITC ledger
• Unutilized ITC can be used in subsequent months
• While filling up form GSTR 3B, don’t forget to Save partially filled form by clicking save GSTR 3B button
• After pressing submit, no modification is possible therefore check the details carefully before pressing submit
• If form GST TRAN-1 is submitted Click Check balance button to view the balance available for credit under integrated tax, Central tax, State tax and Cess ( including transitional credit also)

Who all don’t have to submit GSTR 3B return form?

• (ISD) input service distributor
• Composition supplier
• TDS deductor
• TCS collector
• OIDAR (online information data access and retrieval)

Deadlines for GSTR 3B Filing for September 2017 to November 2017:

Forms	For September 2017	For October 2017	For November 2017
GSTR 3B	20th October	20th November	20th December

Note:  The GST council has decided in 21st meeting that GSTR-3B filed regularly from month August to March 2018

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

Those taxpayers, who do not pay their taxes on time as per the date scheduled by the GST Council, will have to pay an additional late fee amount at 18 percent per annum, depending on the number of days they delay the payment.

For example, If you fail to pay your tax liability on the due date, you will have to pay additional 1000*18/100*1/365 = Rs. 0.49 per day as late fee Where Rs. 1000 is the tax liability amount, 1 is the number of delayed days and 18 is the rate of interest (annual). See the official doc attached below for complete details of GST interest late fee and penalties https://cbec-gst.gov.in/CGST-bill-e.html

For delay in filing GSTR-3B tax return online on GSTR portal, a late fee of Rs.100 for CGST and Rs.100 for SGST per day (not exceeding Rs. 5,000) would be charged from the particular taxpayer.

The GST council and government again worked for the betterment of the taxpayers and gave a relief by waiving off the late fees on the filing of GSTR 3B for the month of August and September. It was also learned that if in case any taxpayers paid the late fees, it would be credited back to the taxpayers’ ledger.

Step by Step Procedure of Filing GSTR 3B Form Online

Step:1 First of all the taxpayer will have to enter his GSTIN ID very precisely with no errors. And in the second point, the legal of registered individual.

Step 2: Coming to the second box, including Details of Outward Supplies and inward supplies liable to reverse charge:

In the name of supplies column, it is given-

• Outward taxable supplies (other than zero-rated, nil rated and exempted) – In this column, fill out all the general and non-taxable items which are sold by the business on regular basis.
• (10:24) Subodh – Content Writer: Outward taxable supplies (zero-rated ) – In the column, only zero rate tax items will be included, if any.
• Other outward supplies (Nil rated, exempted) – In the column, only exempted tax items will be included, if any.
• Inward supplies (liable to reverse charge) – All the supplies of inward supplies must be mentioned here which are liable for the reverse charge.
• Non-GST outward supplies – Include all the Non-GST outward supplies which are not covered by the GST tax scheme.

All the details must be filled along with Nature of Supplies, Total Taxable value, Integrated Tax Central Tax, State/UT Tax and Cess.

Step 3: Now the box, Of the supplies shown in above, details of inter-State supplies made to unregistered persons, composition taxable persons and UIN holders.

• Supplies made to Unregistered Persons – All the supplies details with the item name and HSN codes in the column which has been done to an unregistered dealer or individual.
• Supplies made to Composition Taxable Persons – All the supplies details with the item name and HSN codes in the column which has been done to a composition scheme dealer or individual.
• Supplies made to UIN holders – All the supplies details with the item name and HSN codes in the column which has been done to a UIN holder.

All the supplies must be entered with details of Place of Supply (State/UT), Total Taxable value, Amount of Integrated Tax.

Step 4: Now, the 4th box is of Eligible ITC containing all the input tax credit demand from the taxes paid:

(A) ITC Available (whether in full or part)

• Import of goods
• Import of services
• Inward supplies liable to reverse charge (other than 1 & 2 above)
• Inward supplies from ISD
• All other ITC

(B) ITC Reversed

• As per rules 42 & 43 of CGST Rules
• Others

(C) Net ITC Available (A) – (B)

been(D) Ineligible ITC

• As per section 17(5)
• Others

The required details must be filled up with Details of individual taxes to be paid accordingly, Integrated Tax, Central Tax and State/UT Tax Cess.

Step 5: Now coming to the box 5, it includes Values of exempt, nil-rated and non-GST inward supplies:

• From a supplier under composition scheme, Exempt and Nil rated supply – Include all the purchases made from unregistered dealers and composition dealers in the list.
• Non-GST supply – Include all the non-GST applicable items and products of the similar category.

The taxpayer has to include all the relevant details of Nature of supplies, Inter-State supplies, Intra-State supplies and its calculations.

Step 6: Now comes the important box for the payment of taxes, which included a number of significant data which has to be filled up with accurate details:

• Integrated Tax
• Central Tax
• State/UT Tax Cess

The details must be Tax payable, Tax paid- (TDS./TCS) Tax/Cess paid in cash, Interest Rate Paid through ITC – (Integrated Tax Central Tax State/UT Tax Cess)

Note: Columns which are filled in black colour must not be filled up.

Step 7: In the next box, it comes the details of TDS/TCS Credit

A proper format in which it has been mentioned all the TDS and TCS deducted for all the tax scenario including Integrated Tax, Central Tax, State/UT Tax.

Overall the Government has chosen to implement GSTR 3B form in the starting phase of GST return filing for the easy and convenient taxpaying experience for the dealers.

Latest Update on GSTR 3B: Total Numbers of Filing done:

The revenue collection topped this year with the help of GST as there is an overwhelming collection of INR 92,150 crore for the month of September. According to the data reports, the finance ministry stated a total of Central GST revenue of INR 14,042 crore in September while taxes from SGST totalled at INR 21,172 crore. The ministry has also waived off the penalty charges for late filing of GSTR 3B form for the taxpayers in order to relax them from the extra burden and compliance.

For the September month GSTR 3b filing, i.e. the 3rd GSTR 3B return filing for the business firms, there were a total of 37 lakh returns filed while a total of 75 thousand sales data has been uploaded on the GSTN portal according to the Chairman Bhushan Pandey. The GSTN portal was able to handle the request and process the return as it was running on 30 percent handling capacity with an average 20 lakh return filing done in the two days.

The chairman added that “As many as 33 lakh returns have been filed till noon. The pace of filing is picking up with average 75,000 returns being uploaded on an hourly basis. GSTN system is stable. We hope more people are able to file the return within the due date.”

The GSTR 3B return would be filed until December in a bid to ease the compliance for the business units for the initial six months of the rollout of the GST. The 3rd return filing of GSTR 3B done on 20th October was done with no glitches so far in the GSTN portal.

For July month, a total of 47 lakh people filed the GSTR-3B form and the government has received a huge revenue of INR 95,000 Crore in the treasury department. While for the August Month, the expectation is higher as at least to get an equivalent number of taxpayers in the month of August. But, until September 20, the last date of filing GSTR-3B form, there were only 30 lakh returns filed by the taxpayers in which 21.83 lakh returns were filed on the last date only. The last day rush on GSTN portal has created the impression of filing the highest return in a day under GST.