SERVICE: GSTR-3B or Return for Purchases and Sales

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    GSTR-3B: Overview

    GSTR-3B is a simplified summary return form comprising of inward and outward supplies. In addition, this return is to be filed even if there has been no business activity.

    Who has to file GSTR-3B?

    All normal taxpayers and casual taxpayers are required to file Form. However, the following persons are exempted from filing this return:
    – Input Service Distributor
    – Composition dealers
    – Suppliers of OIDAR (Online Information Database Access and Retrieval) services
    – Non resident taxable person

    Steps to follow to get your GSTR-3B filed at TaxHelpdesk

    TaxHelpdesk Service Process

    Once your order is placed, TaxHelpdesk’s dedicated team for reviewing of documents will check the documents uploaded by you within 24 working hours. Furthermore, after reviewing documents, a Tax Expert will be assigned and your order will be processed apart from this, you also will be able to check the status of the order in your assigned account.

    Pre-requisites for filing

    It can be filed only those taxpayers who has filed GSTR-1 and GSTR-2 has been populated.

    Divisions of Sections

    When should be filed?

    The taxpayers having aggregate annual turnover of less than Rs. 5 crores have an option to file their Return either monthly or quarterly.

    Due dates for filing

    Late fees associated with filing

    Period

    Up to May, 2021

    Details

    Having Tax Liability (Rs)

    Nil Tax Liability (Rs)

    CGST

             25/day

             10/day

    SGST/UTGST

             25/day

             10/day

    Total

              50/day

              20/day

    Maximum Penalty

         5,000/return

        5,000/return

    Period

    June, 2021 and onwards

     

    Taxpayer having

    Nil Tax Liability (Rs)

    AATO upto Rs. 5 crores (Rs)

    AATO above Rs. 1.5 crores and less than Rs. 5 crores (Rs)

    AATO above Rs. 5 crores (Rs)

    Late fees under CGST/day

          10

       25

         25

      25

    Late fees under SGST/day

          10

       25

         25

      25

    Maximum Late fees under CGST/per return

        250

    1000

        2500

      5000

    Maximum Late Fees under SGST/per return

      250

    1000

          2500

      5000

    Total maximum fees per return

        500

      2000

           5000

      10000

    Process of filing

    GSTR-3B filing procedure

    Documents required for filing

    – Summary details of outward supplies and inward supplies liable to reverse charge and tax liability
    – Details of inter-State supplies made to unregistered persons/composition taxable persons and UIN holders
    – Details of ITC available, ITC reversal, Net ITC available, Ineligible ITC, etc.
    – Summary details of exempt, nil, and non-GST inward supplies
    – Details of interest and late fee
    – Details of payment of tax and interest and late fee (if any)
    – Details of TDS/TCS credit

    FAQs

    Once filed, cannot be revised. However, any adjustment can be made in the subsequent period.

    No, you cannot reset GSTR-3B.

    Form GSTR-3B can be filed from the returns section of the GST Portal. Moreover, in the post login mode, you can access it by going to Services > Returns > Returns Dashboard. However, after selecting the financial year and tax period, Form GSTR-3B applicable in the given period will be displayed.

    Send your queries here

    GSTR-3B

    Monthly, Quarterly

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