What is GSTR 3B?

The GSTR 3B is a GST return form introduced by the Central Board of Excise and Customs (CBEC) for the months July to December. The taxpayer has to file a separate GSTR 3B for each GSTIN, in this form they have to provide details of the total values for each field.

The tax liability of GSTR-3B must be paid by the last date of filing for that month.

Who has to File GSTR 3B?

Every taxpayer or taxable person who has been registered for GST must file the return GSTR 3B. The taxpayer needs to file this return form even if there were no transactions conducted during these six months.

However, the following registrants do not have to file GSTR 3B

  • Input Service Distributors – they will submit GSTR 6
  • Composition Dealers – they will submit GSTR 4
  • Non-resident taxable person- they will submit GSTR 5
  • Taxpayer liable to collect TCS under section: 52- they will submit GSTR 8
  • Taxpayer liable to deduct TDS under section: 51- they will submit GSTR 7
  • Person referred to in section 14 of IGST act(person who is providing OIDAR services)

Deadline for GSTR 3B

As per Notification No.35/2017 dated 15th September 2017

Month Last Date for Filing
August 20 th September 2017
September 20 th October 2017
October 20 th November 2017
November 20 th December 2017
December 20 th January 2018
  • Interest liability (Interest as on ...)
    An interest of 18% per annum is applicable in the event of delay of payment. The taxpayer needs to calculate this interest on the amount of outstanding tax to be paid. The time period will be from the next day of filing (20th of the month) to the date of payment.
    Further, an interest of 24% per annum is applicable for the taxpayer who takes undue or excess claim of Input Tax Credit
  • The penalty for late filing of GSTR 3B
  • Filing GSTR 3B is mandatory. Even if a business has no transactions during a month, it will still have to file a nil return.
  • Every registered person who fails to furnish the details of outward supplies by due date shall pay a late fee of ₹100/- for every day during which such failure continues subject to maximum of ₹5000/- under CGST Act
  • Every registered person who fails to furnish the details of outward supplies by due date shall pay a late fee of ₹100/- for every day during which such failure continues subject to maximum of ₹5000/- under SGST Act/UTGST Act0

Note: Late fee for July has been waived by Notification No.28 /2017 (Central Tax).

Steps to file GSTR 3B in PayMyGST software

  1. Download the GSTR 3B Excel Template from PayMyGST.com.
  2. Fill in the invoice details in the Excel Template. By using these templates, you will avoid any missing/ wrong information that can lead to incorrect filing
  3. Upload Excel on PayMyGST Software. The software will notify you regarding any missing data or errors by generating an error report.
  4. PayMyGST will automatically prepare error-free 3B return summary. Use the summary values to file the return on the Government portal.

Particulars to be filed under GSTR 3B

  • Month & Year –
    The Month & Year for which return is to be filed.
  1. GSTIN – Every registered person is allotted a state-wise PAN-based 15-digit Goods and Services Taxpayer Identification Number (GSTIN).
  2. Name of the Registered Person – This section will be auto-filled at the time of logging into the common GST Portal.
  3. 1. Outward supplies and inward supplies on reverse charge – This section consists of the details regarding the tax that is payable by the receiver.

    These details are further broken down into the following:
    (a)  Outward taxable supplies – Under this heading, the taxpayer needs to fill in the details of those supplies on which the GST has been charged by the taxpayer. They do not have to include supplies which are zero-rated, or have a nil rate of tax or are exempt from GST. 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

    (b) Outward taxable supplies (zero-rated)
    Under this heading, the taxpayer should fill in the details of only those supplies which are exported or supplies made to SEZ

    (c)  Other outward supplies (nil rated, exempt)
    – In this section, the taxpayer needs to provide the details of the supplies that are exempted from GST or are nil rated.

    (d)  Inward supplies (liable to reverse charge)
    – In this section, the taxpayer needs to provide the details of purchases made from unregistered dealers on which reverse charge applies.

    (e)  Non-GST outward supplies – Under this heading, the taxpayer needs to fill in the details of any supplies made by him/her that is wholly out of GST.
  4. Eligible ITC
    Under this section, the taxpayer must fill in the details required for claiming their input tax credit. These details must be mentioned separately for IGST, CGST, SGST, UTGST, and Cess. The taxpayer needs to mention only the total values as invoice level information is not required.
    (A) ITC Available (whether in full or part)– Under this section, the information provided is further split into ITC on:
    • import of goods,
    • import of services,
    • inward supplies on a reverse charge (other than the ones on the import of goods and services reported above)
    • inward supplies from your Input Service Distributor (ISD)
    • all other ITC
    (B) ITC Reversed 1. As per rules 42 & 43 of CGST Rules –
    According to these rules the input credit for goods and services that have been used partly for business and partly for other purposes must be reversed to the extent that has not been 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 section will be auto-populated
    (D)   Ineligible ITC
    • As per Section 17(5) – Report credit which is entirely not available to you.
    • Others
  5. Provide values of exempt, nil rated, and non-GST inward supplies:  In this section, the taxpayer has to submit the details of any purchases made by him 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 categorized into inter-state and intra-state.
  6. Payment of Tax
    Under this section, the taxpayer has to fill in the details of the final tax payable on taxable supplies made by the taxpayer, 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.