All about GST Return 3B – Return filing and who should file

  • What is GSTR 3B?

GSTR-3B is a monthly self-declaration that has to be filed a registered dealer. It is a simplified summary return and the purpose of the return is for taxpayers to declare their summary GST liabilities for the tax period and the discharge of these liabilities in a timely manner.

  1. You should file monthly GSTR3B
  2. GSTR3B once filed, cannot be revised
  • Who Should File?
  1. Every registered person has to file GSTR 3B
  2. Even NIL returns must be filed
  3. Following persons need not file GSTR 3B
    1. Input Service Distributors & Composition Dealers
    2. Suppliers of OIDAR
    3. Non-resident taxable person
  • What are the Late Fees?

Filing GSTR-3B is mandatory even for NIL returns. Late Fee for filing GSTR-3B after the due date is as follows:

  • Rs. 50 per day of delay
  • Rs. 20 per day of delay for taxpayers having Zero tax liability for that month

Interest @ 18% per annum is payable on the amount of outstanding tax to be paid.

  • What is the due date of filing GSTR 3B?

Due date of filing this return is 20th of every month.

Quickly file your GST 3B here

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