GSTR 3B Format
by Isha Jagi BloggerGSTR
3B is a monthly self-declaration form that a taxpayer is necessary to file on a
monthly basis. Form GSTR 3b consists of summarized information on supplies made
during the calendar month along with the details of paid fees, ITC claimed,
purchases below reverse charge mechanism, and so on Furthermore, the taxpayer
can also be required to make provision for the payment of taxes, if just about
any, for the relevant month.
Format of GSTR 3B
Table 1
(Auto-filled): fifteen digit Goods and Services Taxpayer Recognition Number
(GSTIN)
Table 2 of
(Auto-filled): Name of the authorized person auto-filled from your GSTN account
details, Trade Title, if any, should be individually provided.
Table 3.1: Details of
Outward supplies along with inward supplies liable to slow charge:
Total
taxable benefit (intrastate and interstate) combined with the total tax (IGST,
CGST, SGST/UTGST) as applicable:
·
Facing outward Taxable Supplies other Absolutely no Rate, Nil Rate
in addition to Exempted
·
Outward Taxable Resources (Zero Rated)
·
Outward Supplies towards Nil Rated and Exempted
·
Inward Supplies prone to be paid on reverse charge basis
·
Non GST Outward Supplies
Table 3.2: Details of
Inter‐State items made to unregistered persons, arrangement dealer, and UIN owners.
Bifurcated
details of the interstate outward supplies made to Non listed Persons,
Composition Dealers, as well as UIN Holders, captured State‐wise/
Union‐Territory‐wise total with taxable value and total IGST levied on these
resources.
Table 4: Details of
qualified Input Tax Credit accessible and the ITC reversals created by you to
arrive at the Net ITC is captured.
ITC
Accessibility (whether in Full or Part): Mention the break‐up of inward
supplies on which ITC is availed. The following are the facts you need to
capture:
The
Taxation credit of IGST paid for on import of goods.
The
particular Tax credit of IGST paid on import associated with services.
Inward
supplies liable to reverse charge: Mention the particular GST paid on medially
supplies, which are liable for the reverse charge as, sponsorship services, and
purchase from URD etc . other than import of products or services. To know
more, go through inward supplies liable to invert the charge.
Inward
Materials from ISD: Input duty credit received from Enter Service Distributor
(ISD).
Other
ITC: Apart from above, ITC of other inward supplies has to be captured here.
Information
on Input Tax credit being reversed: Mention the ITC reversible on the usage of
inputs/input services/capital goods used for typically the non‐business
purpose, or partially used for exempt supplies. Additionally, if the
depreciation is stated on tax component of funds goods, and plant and
machinery, then also often the ITC will not be allowed.
Typically
the ITC available as documented when reduced by the quantity of ITC to be
revered since reported under this desk, the resultant balance are going to be
called your eligible ITC.
Details
of Ineligible ITC: GST paid on inward materials listed in the negative record
is not eligible for Input Income tax Credit (ITC). The details regarding GST
paid on these kinds of supplies are recorded within this table. To know more,
see the listing of supplies ineligible for ITCIT
Table 5: Details of
exempt, nil‐rated and non‐GST back to the inside supplies (for both interstate
and intra state products carried out by you)
Table 6.1: Payment of
self-ascertained taxation payable by you. This really is based on the details
of outward items and inwards supplies prone to be paid on change charge
captured in Desk No . 3 the tax-wise break-up of payment involving tax by way
of utilization of ITC and cash deposit should be provided.
Table 6.2: TDS/TCS
Credit: Here you need to capture the details of TDS (Tax withheld by the
Federal government establishment) and TCS (Tax withheld by E-commerce
operator). However , these provisions tend to be deferred from initial rollout
of GST. Accordingly, TDS and TCS is not relevant till it is notified
additional.
How to file GSTR 3B
In
order to file form GSTR 3B, the taxpayer can easily follow the below given
actions:
·
Visit the GSTN portal and also login with the valid
qualifications.
·
Click the Services > Returns
> Earnings Dashboard command.
·
Select the appropriate Fiscal year & go back filing period and
click Prepare Online button underneath the GSTR 3b Tile.
·
A listing of Yes/No questions will be viewed, wherein the taxpayer
will likely be required to select answers while applicable to your business.
Depending on these answers, the GSTN will display relevant tables connected
with form GSTR 3B. As an illustration, if you select Yes for NIL returns, you
will be forwarded to Nil return section
·
To be able to upload business summary onto the GSTN portal, the
taxpayer will be required to file information by selecting the section ceramic
tiles displayed on the screen. These types of sections include:
Section 3.1 - Tax about
outward and reverse demand inward supplies: Summary details of outward supplies
and inward supplies liable to reverse fee and tax liability on it.
Section 3. 2 :
Inter-state supplies: Details of inter-state supplies made to unregistered
individuals, composition taxable persons along with UIN holders and income tax
thereon.
Section 4 rapid
Eligible ITC: Summary information on Eligible ITC claimed, ITC Reversals and
Ineligible ITC.
Section 5 - Exempt,
nil and Non-GST medially supplies: To provide summary details of exempt, nil
and Non-GST inward supplies.
Section 5.1 - Interest
in addition to Late Fee: To provide synopsis details of Interest and Later fee
payable.
Special Situations
Supplies
made to Unregistered People
In
the section Supplies created to Unregistered Persons, from the Position of
Supply (State/UT) drop-down collection, select the place of supply.
Inside
the Total Taxable Value area, enter the total taxable price for each State/UT.
In
the Quantity of Integrated Tax field, the particular amount of integrated tax.
Make sure you ensure that the integrated tax amount provided here usually do
not exceed the integrated taxes liability declared at (a) row in Table-3. one
Only integrated tax quantity has to be declared, the cess amount is not
required to become mentioned.
Click
the ADD key to provide details of such resources for another State. Delete the
row if nothing is for being reported after clicking PUT button.
Note:
Select the checkbox and click the REMOVE press button to remove the data added.
The machine will accept only one entry for each place of supply. The details of
tax paid on exports may not be entered here.
Submitting Form GSTR-3B
Click
the GO TO FILEbutton
Select
the checkbox regarding declaration.
From
the Authorised Signatorydrop-down list, select the authorized buy tiles online.
Click
the FILE GSTR-3B USING DSCor FILE GSTR-3B HAVING EVC button.
FILE
GSTR-3B WITH DSC:
Click
the CONTINUE
Select
the certificate and click on the SIGN
FILE
GSTR-3B WITH EVC:
Enter
the OTP delivered on email and cellular number of the Authorized Buy tiles
online registered at the GST Web site and click the VERIFY
The
success message is viewable. Click the OK button. The actual status of your
GSTR 3b will be changed to filed!
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Created on Dec 23rd 2019 03:56. Viewed 653 times.