What is GSTR 3B?
GSTR-3B is a self-declared summary GST return filed every month
(quarterly for the QRMP scheme). Taxpayers need to report the summary
figures of sales, ITC claimed, and net tax payable in GSTR-3B.
A separate GSTR-3B must be filed for
every GSTIN
The GST liability must be paid on or
before the date of filing GSTR-3B, earlier of its due date
The GSTR-3B once filed cannot be
revised
Even in case of a zero liability, GSTR-3B
must be compulsorily filed
Who should file
GSTR 3B?
Every person who is registered under
GST must file GSTR-3B.
However, the following registrants do not have to file GSTR-3B
Taxpayers registered under the
Composition Scheme
Input service distributors
Non-resident suppliers of OIDAR
service
Non-resident taxable persons
Late Fee & Penalty for GSTR-3B
A late
fee is charged for filing GSTR-3B of a tax period after the due date. It is
levied as follows:
Rs. 50 per day of delay
Rs. 20 per day of delay for
taxpayers having nil tax liability for the month
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.
Due Dates for GSTR-3B Filing
Up to December 2019: The due date
is 20th of the subsequent month
January 2020 onwards: The due
dates have been staggered. It is either 20th of every month or 22nd/24th of the
month following every quarter, for monthly and quarterly filers (as provided in
the below image)*
Taxpayers opting for the QRMP
scheme from 1st January 2021: The due date is 22nd or 24th of the month
following every quarter, as per the State/UT of the principal place of business
(list of States/UT given in the image).