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.
Latest Updates
29th September 2024
As per the latest advisory from the GSTN, due to persistent demand from trade, the return data for July 2017 and August 2017 that was earlier archived on 1st August and on 1st September respectively has been restored until further notice.24th September 2024
As per the advisory from GST Network, on 01st October 2024, data of September 2017 shall be taken down from the GST portal in line with its data archival policy of saving data up to 7 years.
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 summary return filed monthly by all GST registered persons. It includes sales, ITC claims, and tax liabilities and must be filed on time to avoid penalties. The article also discusses due dates, late fees, and penalties. Clear offers end-to-end GSTR-3B filing solutions with advanced features. Reconciliation with GSTR-2A, GSTR-2B, and GSTR-1 is crucial for accurate filing.