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Regular taxpayers, including those opting for the QRMP scheme, must file form GSTR-3B return. It is a monthly summary return but the frequency can be once a quarter for the QRMP taxpayers.
Latest Updates
5th July 2022
Table 3.1.1 was inserted to allow taxpayers, both e-commerce operators and e-commerce sellers to report such sales and tax payable on the same for the tax period. It is notified in the CGST notification 14/2022 dated 5th July 2022 along with a few more changes in Table 3.2 and Table 4.
17th May 2022
The due date to file GSTR-3B for April 2022 was extended up to 24th May 2022.
1st February 2022
Budget 2022 updates-
1. The last date to make amendments, corrections in GSTR-3B, and claim any missed Input Tax Credit or ITC of one financial year is no longer due date to file September return of the following year, but it is 30th November of the following year or filing of annual return, whichever is earlier.
2. GST registration can be cancelled if GSTR-3B is not filed for continuous tax periods under Section 29.
29th December 2021
CGST Rule 36(4) is amended to remove 5% additional ITC over and above ITC appearing in GSTR-2B. From 1st January 2022, businesses can avail ITC only if it is reported by supplier in GSTR-1/ IFF and it appears in their GSTR-2B. Section 16(2)(aa) was notified on 21st December 2021.
GSTR-3B is divided into 7 sections.
This article contains in detail each section/table of GSTR-3B and the details to be provided in it.
These details are further broken down into the following-
For each of these you must provide, the total taxable value (a total which has been invoiced). And then further break this up into IGST, CGST, SGST/UTGST and cess if any.
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 the GST rate, only the total tax values.
3.1.1 Details of e-commerce supplies under Section 9(5) of the CGST Act, including IGST & state/UT acts.
e-Commerce operators must fill in Clause (i) with sale value and taxes payable whereas the e-commerce sellers should fill Clause (ii). Care must be taken to enter details of only the sales carried out through the e-commerce websites.
This table was added as a part of the modification to GSTR-3B vide the CGST Notification 14/2022 dated 5th July 2022. Further, the taxpayer must avoid duplication and should not report such e-commerce sales value or taxes thereof in previous Table 3.1.
3.2 Of the supplies shown in 3.1(a) and 3.1.1(i) above, details of inter-state supplies made to unregistered persons, composition taxable persons, and UIN holders.
Under this head further, a break up of ‘Outward taxable supplies’ in the above two tables must be provided. Here you must mention the inter-state supplies which are made to
UIN holders mean those who have a Unique Identification Number instead of a GSTIN. These are specialised 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.
4. Eligible ITC
This is the detail required for the 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:
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
(C)Net ITC available (A) – (B) – This will be auto-populated by Clear GST software.
(D) Other Details (Prior to 5th July 2022, it was Ineligible ITC)
5. 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.
6. 1Payment 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) and 3.1.1 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 TDS/TCS Credit:
The section requires taxpayers to report the value of TDS and TCS deducted or collected for the tax period.
Verification
Prepare and file your GSTR 3B form seamlessly using the Clear GST Software and file easily by following our step-by-step guide.