How To File GSTR-3B On The GST Portal

GSTR-3B is the Goods and Services Tax Return, which is essentially a simplified GST return summary filed by a taxpayer at a stated time. The primary goal of the GST-3B return is for taxpayers to reveal and discharge their GST obligations for a given tax year. In this article, we will be learning How To File GSTR-3B On The GST Portal – Everything You Need To Know.

The output of the GSTR-3B return gives a description of both inward and outward stocks (sales and purchases). You can use your sales or orders to plan GSTR-3B and you can also manually adjust the various values according to your company's needs. The GST portal would automatically generate most of the data required for the GST-3B file.

These data are measured or analyzed on the basis of the sales and purchasing data entered or generated by you. The residual data or details and changes could be entered either by the client or the individual and a full return could be given for direct upload to the GST Portal.

GSTR-3B is a comprehensive summary of the inward and outward supply made by the Government of India as a means of easing requirements for industries that have recently moved to GST. As many small and medium-sized firms have been using manual accounting systems, it will be impossible for many of them to file returns by July 2017. As a result, the tax refunds will be based on a basic return called GSTR-3B from July 2017 to June 2018.

The requirement of GSTR-3B Filing 

GSTR-3B is a monthly review of outward taxes, both taxable and non-taxable. It also includes a list of the different input tax allowances, late fees, interest payable, if any, and reimbursement information on the commitments paid during the tax period in question.

In addition, the specifics of the outward supply are given or recorded in GSTR-3B and must match the details of the outward supply declared in GSTR 1 Return. However, there is no specificity or detail to be presented on the input tax credit shown in GSTR-3B. But one has to make sure that the ITC stated in the GSTR-3B is accurate in all respects.

On Which Date GSTR-3B Returns Should Be Filled

The due date or last date of filing of the GSTR-3B Taxpayers' returns shall be the 20th of the following month of the tax year. For example, a return for the month of December 2019 shall be filed on or before 20 January 2020. The Government can, however, extend the last filing date if and where appropriate under such circumstances. Accordingly, this will be informed to the taxpayer.

Any notifications and/or amendments to the due date of filing of GSTR-3B Returns will appear on the Government of India's official GST website. In addition, the taxpayer will have to pay the tax and file the return on the day of filing. After a tax payment has been made, a return cannot be filed.

Late Payments for GSTR-3B Returns

The liability for late filing of GSTR-3B returns shall be Rs. 50 a day. For eg, the last filing date for the return is 20 January 2020 for the month of December 2019. Yet you filed a return on January 25, 2020. So there's a delay of five days. You would then have to pay Rs. 250 for the number of days following the due date as late fees.

However, if the return is zero, the late fee per day would be paid at Rs. 20.

Step-by-step GST Portal File Guidance GST-3B

Below is a step-by-step tutorial for filing GSTR-3B on the GST portal.

Steps: 

1.Open your web browser and go to the https:/gst.gov.in official GST site.

Note: Microsoft Edge, Firefox, Chrome, and Safari are web browsers supported.

2. Click Resources on the website, pick Returns, and then choose Returns Dashboard again.

3. This will display the File Returns page on your computer. From the Financial Year drop-down section, choose the year you want, and from the Returns Filing Date drop-down list, pick the month you want then press the Search button to continue.

4. Click the Prepare Online option on the External Delivery of Goods or Services section of the Monthly GST-3B Tile on the screen that appears on your phone.

5. Second, input the required values for each sheet of paper. You are supposed to have tables under each heading and to complete interest and late payments if necessary.

6. After entering all the information, press the SAQ GSTR-3B button at the bottom of the page. An effective completion update will be seen.

7. After saving all the content, the Submit button will be triggered at the bottom of the list. To see the GSTR-3B Returns resolved, press the Send button. Again you will see a message on your computer that indicates that the information you sent has been saved successfully.

Note: After sending the GST return form, additional details would appear as disabled. This means that there are no improvements to the sector. DTCs and Responsibility Books will now be revised. The status of GSTR-3B will be updated and will appear as submitted.

8. Next, scroll down the list, please. Once the taxpayer has been addressed on a temporary basis, you can see that the tax payment tile is successful.

In order to pay taxes and other commitments, obey the steps set out in the following terms:

(a) Click the tile for the tax charge.

(b) Where debts are issued to taxpayers, the commitments shall be expressed in the accounts and mirrored in the Tax Responsibility column of the bill. Credits will be refreshed on your credit card and the changed balance will indicate that you are going to the same payment heading.

(c) Click Check Balance to see the sum of cash and credit. This feature allows you to check your balance before paying the tiny taxpayer you need.

(d) Press the OK button to go back to the previous page.

(e) Include the balance of the loan to be used in different periods) to repay the loan obligation. It is also necessary to ensure that the requirements for the use of the loan are followed when access is given, or the scheme would not be able to repay responsibility.

(f) Push the special undo button to satisfy your duties. The confirmation message will be shown automatically.

(g) Click the OK button.

9. Choose the sentence checkbox. You need to select an eligible signatory from the drop-down list. DSC with the GSTR-3B or GSTR-3B EVC button.

10. 10. Please press the Proceed tab. After the information is given, a message will be shown. Please press the OK tab. The status of GSTR-3B will now be changed to Filed. You should press the GSTR-3B View button to view the GSTR-3B rotation.

How to Rectify errors in GSTR-3B After Filing

At the time of filing of GSTR-3B, you may face unintended errors which may be reconciled or resolved in the following manner:

Under-Reporting on Liabilities

* Once the rate of interest is refunded during the month(s) in question, there may be a possibility that debt may be sustained.

* Duty can be proclaimed in the next quarter/monthly GSTR-1 in respect of which payment has been made if that liability has not been mentioned in the previous month/quarter of GSTR-1.