GSTR-3B is the summary return that taxpayers must file regularly to show details of sales, ITC claims, tax liability, refunds, etc recorded on their GSTIN. This article gives a comprehensive overview of GSTR-3B and its applicability. Clear provides an end-to-end GSTR-3B filing solution with advanced features for automating sales and ITC reconciliations, maximising ITC claims, Table-4 reporting, ITC offset, vendor communication and filing. Continue reading to know more about GSTR 3B.
Every person who is registered under GST must file GSTR-3B.
A late fee is charged for filing GSTR-3B of a tax period after the due date. It is levied as follows:
In case the GST dues are not paid within the due date, interest at 18% per annum is payable on the amount of outstanding tax to be paid.
*To know about the current due dates for GSTR-3B, visit our page on GST Calendar
The following are essential points to note:
Know more about GSTR-2B to reconcile & claim accurate ITC before filing GSTR-3B
Read more on how to compare GSTR-3B vs GSTR-2A easily!
Read more on how to compare GSTR-3B vs GSTR-1 easily!
The advanced Clear GST solution provides an end-to-end filing of GSTR-3B at a PAN level across multiple GSTINs. It also provides its users with a smart error correction UI at every stage - upon importing of data, reconciliation/review, uploading prepared data onto the GSTN, and filing with the GSTN, for a quick, hassle-free, and accurate GSTR-3B filing experience.
With the advanced, enterprise-grade ClearGST solution, you can ensure a notice-free and compliant business! Here’re some exclusive features for GSTR-3B you must not miss exploring on the platform-
Below is an overview of steps to file GSTR-3B on Clear GST solution-
GSTR-3B is a monthly summary GST return that must be filed by registered taxpayers. Late fees and penalties apply for delayed filing, while reconciliation with GSTR-2A/2B and GSTR-1 is necessary. Clear provides an end-to-end GSTR-3B solution with features like ITC reconciliations and Table-4 reporting. Due dates have variations depending on the tax period and filing scheme. Filing GSTR-3B accurately and timely is crucial for GST compliance.