Budget 2021 update :Section 16 amended to allow taxpayers’ claim of the input tax credit based on GSTR-2A and GSTR-2B. Henceforth, the input tax credit on invoice or debit note may be availed only when the details of such invoice or debit note have been furnished by the supplier in the statement of outward supplies and such details have been communicated to the recipient of such invoice or debit note.
GSTR-3B is a monthly return to be filed by regular dealers for the period July 2017 to March 2020.
GSTR-3B is divided into 6 sections.
Latest Updates!
30th June 2020
The maximum late fee to be capped at Rs 500 per return, for the tax periods given below, filed after the deadlines given in notification 52/2020 (as listed in the below at sl.no. 2 dated 24th June 2020) but before 30th September 2020, whereas nil return to not be charged any late fee.
1. For turnover more than Rs 5 crore: May 2020 – July 2020
2. For turnover equal to or below Rs 5 crore: February 2020 – July 2020
24th June 2020
1. The CBIC has waived/reduced late fees for the late filing of GSTR-3B returns for the period July 2017 to January 2020, as follows-
a) If GST liability is Nil, and the GSTR-3B return is filed between 1st July, 2020 and 30th September, 2020, then the amount of late fees stands waived.
b) If the GST liability is not Nil, and the GSTR-3B return is filed between 1st July, 2020 and 30th September, 2020, then the amount of late fees stand waived in excess of Rs.250* under the CGST Act.
*Rs.500 will be the total amount payable, Rs.250 under CGST and Rs.250 under SGST.
- The CBIC has notified the due dates applicable, with regard to interest and late fees for filing GSTR-3B. Here is a list of the notified dates from February to August 2020:
| Annual Turnover in the Previous FY | Period | Due date | Last date without late fee or interest, as applicable |
| More than Rs.5 crore | Feb 2020 | 20th Mar 2020 | 24th Jun 2020* |
| Mar 2020 | 20th Apr 2020 | ||
| Apr 2020 | 20th May 2020 | ||
| May 2020 | 27th Jun 2020^^ | 27th Jun 2020@ | |
| Jun 2020 | 20th Jul 2020 | 20th Jul 2020@ | |
| Jul 2020 | 20th Aug 2020 | 20th Aug 2020@ | |
| Aug 2020 | 20th Sept 2020 | 20th Sept 2020 | |
| Up to Rs. 5 crore in category A# States/UTs | Feb 2020 | 22nd Mar 2020 | 30th Jun 2020^ |
| Mar 2020 | 22nd Apr 2020 | 3rd Jul 2020^ | |
| Apr 2020 | 22nd May 2020 | 6th Jul 2020^ | |
| May 2020 | 12th Jul 2020 | 12th Sept 2020^ | |
| Jun 2020 | 22nd Jul 2020 | 23rd Sept 2020^ | |
| Jul 2020 | 22nd Aug 2020 | 27th Sept 2020^ | |
| Aug 2020 | 1st Oct 2020** | 1st Oct 2020 | |
| Up to Rs. 5 crore in category B## States/UTs | Feb 2020 | 24th Mar 2020 | 30th Jun 2020^ |
| Mar 2020 | 24th Apr 2020 | 5th July 2020^ | |
| Apr 2020 | 24th May 2020 | 9th July 2020^ | |
| May 2020 | 14th Jul 2020 | 15th Sept 2020^ | |
| Jun 2020 | 24th Jul 2020 | 25th Sept 2020^ | |
| Jul 2020 | 24th Aug 2020 | 29th Sept 2020^ | |
| Aug 2020 | 3rd Oct 2020** | 3rd Oct 2020 | |
| #Category A: Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana, Andhra Pradesh, the Union Territories of Daman and Diu and Dadra and Nagar Haveli, Puducherry, Andaman and Nicobar Islands and Lakshadweep.
##Category B: Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand, Odisha, the Union Territories of Jammu and Kashmir, Ladakh, Chandigarh and Delhi. *No interest charged if GST dues are paid before 4th Apr, 5th May and 4th Jun for Feb, Mar & Apr respectively. But, interest applies from the 16th day at a reduced rate of 9% p.a. up to the date of actual payment, if paid before 24th Jun 2020. If not, then interest is charged in a staggered manner as given above plus interest at 18% p.a. will apply from the next day after 24th Jun 2020 up to the actual date of filing. In that case, a late fee will apply from the due date until the actual date of filing. @If filed afterwards but before 30th September 2020, the maximum late fee of Rs 500 per return shall be charged vide CGST notification number 57/2020 dated 30th June 2020. ^^The due date was extended via CGST notification no. 36/2020 dated 3rd Apr 2020. ^Thereafter, a reduced interest rate at 9% p.a. will apply if taxpayer files on or before 30th Sept 2020. If not, then interest applies in a staggered manner as given above plus interest at 18% p.a. will apply from the next day after 30th Sept 2020 up to the actual date of filing. In that case, a late fee will apply from the due date until the actual date of filing. **The due date was extended via CGST notification no. 54/2020 dated 24th Jun 2020. |
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Update as on 8th June 2020
A nil GSTR-3B can be filed via SMS using the registered mobile number and OTP verification. The CBIC has notified the date of applicability as 8th June 2020, from which nil returns can be filed through SMS.
Update as on 3rd April 2020
The CBIC has notified that taxpayers can claim input tax credit in the GSTR-3B return from February 2020 to August 2020, without applying the rule of capping provisional ITC claims at 10% of the eligible ITC as per GSTR-2A.
While filing the GSTR-3B of September 2020, the taxpayers must cumulatively adjust ITC as per the above rule from February 2020.
This article contains in detail each section and the details to be provided in it.
- Provide GSTIN (you can use your provisional id as your GSTIN if you do not have a GSTIN)
- Legal Name of the Registered Person [this field is auto-populated after entering GSTIN]
- 1. Outward supplies and inward supplies on reverse charge i.e. Details where tax is payable by you
These details are further broken down into the following. For each of these you must provide, the total taxable value (total which has been invoiced). And then further break this up into IGST, CGST, SGST/UTGST and cess if any. Do note that you do not have to provide invoice level detail here. Only the consolidated values for the month must be provided. You do not have to provide GST rate, only the total tax values.
(a) Outward taxable supplies – Do not include supplies which are zero-rated, or have a nil rate of tax or are exempt from GST. These must be provided separately. Include only those supplies on which GST has been charged by you.
Value of Taxable Supplies = Value of invoices + value of debit notes – value of credit notes + value of advances received for which invoices have not been issued in the same month – value of advances adjusted against invoices
Details of advances as well as adjustment of advances against invoices are not required to be shown separately.
(b) Outward taxable supplies (zero-rated) – here include only those supplies on which GST rate is zero. Zero-rated supplies are exports or supplies made to SEZ.
(c) Other outward supplies (nil rated, exempt) – include supplies which are exempt from GST or are nil rated. Nil rated supplies are those for which the GST rate is nil. Or which have been kept exempt from GST. For e.g. salt, puja samagri, curd, lassi, fresh milk. These goods are exempt from GST.
(d) Inward supplies (liable to reverse charge) – provide details of purchases made by from unregistered dealers on which reverse charge applies. In such cases, you have to prepare an invoice for yourself and pay the applicable GST rate of tax.
(e) Non-GST outward supplies – details of any supplies made by you kept wholly out of GST. For eg, alcohol and petroleum products.
3.2 Of the supplied shown in 3.1(a) above, details of inter-state supplies made to unregistered persons, composition taxable persons, and UIN holders.
Under this head further, break up of ‘Outward taxable supplies’ in the above table must be provided. Here you must mention the inter-state supplies which are made to
- unregistered persons
- composition dealers
- those who hold a UIN
UIN holders mean those who have a Unique Identification Number instead of a GSTIN. These are specialized agencies of the UNO (United Nations Organisation) or an embassy. Or any Multilateral Financial Institution and Organisation notified under the United Nations (Privileges and Immunities) Act, 1947. Any other persons may also be notified by the Commissioner.
- Eligible ITC
This is the detail required for input tax credit. It must be provided separately for IGST, CGST, SGST, UTGST, and Cess. Only total values have to be reported and invoice level information is not required.
(A) ITC Available (whether in full or part) – This information must be broken down into ITC on:
- import of goods,
- import of services,
- inward supplies on reverse charge (other than on import of goods and services reported above)
- inward supplies from your Input Service Distributor (ISD) basically your head office registered as an ISD under GST
- all other ITC
Our experts can help you calculate the amount of credit to be reported here.
Input tax credit on the closing stock is not required to be reported here, as this input tax credit must be first reported by filling up TRAN-1 and TRAN-2 forms.
(B) ITC Reversed
(1) As per rules 42 & 43 of CGST Rules – These rules require that input credit must be reversed for goods and services, where they have been used partly for business and partly for other purposes, to the extent not used for business. Similarly, input credit reversal is also required where supplies include taxable, exempt and nil rated supplies. In the same manner, input credit related to capital goods used for business and other purposes, for taxable, exempt, nil rated supplies must also be reversed to the extent not used for business. Details formulae have been prescribed on how to go about doing this.
(2) Others - Any other ITC which has been reversed in the books by you.
(C) Net ITC available (A) – (B) – This will be auto-populated by ClearTax.
(D) Ineligible ITC
(1) As per Section 17(5) – Report credit which is entirely not available to you. Read in detail here.
(2) Others
- Provide values of exempt, nil rated, and non-GST inward supplies: Here you have to report any purchases made by you of goods or services, which are from a composition dealer, are exempt, nil rated or not covered by GST at all. This information must be broken down into inter-state and intra-state.
- Payment of Tax
Under this section, you have to report the final tax payable by you on taxable supplies made by you, which will match with 3.1.(a) above. The amount is separately reported under IGST, CGST, SGST, and UTGST. And also report the credit which has been availed against these. This amount is under 4(C). The balance tax must be deposited by you and appears under column 8. If any interest or late fee has been deposited that must also be reported.
6.2 Do note that for now no TDS or TCS have to reported or collected: This section is not applicable for now.
Create GST compliant invoices using ClearTax BillBook.
Create your GSTR 3B form using the ClearTax GST Software and file easily bu following our step-by-step guide.
For Further information and reading:
- GSTR-3B: Return Filing, Format, Eligibility & Rules
- Guide to file GSTR-3B on ClearTax GST Software
- Guide to file GSTR-3B on GST Portal
- Guide to file GSTR-3B using Tally