What is GSTR-3B Filing?
GSTR-3B is a summary return that every regular GST taxpayer must file, every month or every quarter. In this return, you report the total sales made, the input tax credit you are claiming, and the GST payable. You also pay the tax at the time of filing this return.
GSTR-3B is the most important GST return for a business, because it decides how much tax goes out of your pocket and how much credit you get to reduce it. A mistake here can cost you money, cause a notice, or block your e-way bill.
CA Arpit Gupta prepares and files GSTR-3B for traders, manufacturers, service providers, exporters and online sellers. We check your credit, calculate the tax and file on time.
Who Must File GSTR-3B?
- Regular taxpayer
- Taxpayer with no sales or purchases
- Composition taxpayer
- Input service distributor
- Non-resident taxable person
- Person who deducts TDS under GST
- E-commerce operator who collects TCS
How is Input Tax Credit Used to Pay Tax?
The law gives a fixed order of using credit. Credit of one tax cannot be used for any other tax in an arbitrary way.
| Credit |
Can Be Used First For |
Then For |
|
IGST credit
|
IGST
|
Then CGST, then SGST
|
|
CGST credit
|
CGST
|
Then IGST. Not for SGST
|
|
SGST credit
|
SGST
|
Then IGST. Not for CGST
|
Note: Tax under reverse charge must be paid in cash and cannot be paid from the credit ledger. Interest and late fee must also be paid in cash.
Which Input Tax Credit Can You Claim in GSTR-3B?
| Credit Is Allowed When |
Credit Is Not Allowed When |
|
You have a valid tax invoice or debit note
|
There is no valid invoice or document
|
|
The invoice appears in your GSTR-2B
|
The invoice is not in GSTR-2B
|
|
You have received the goods or services
|
Goods or services are not received
|
|
The supplier has paid the tax to the government
|
The supplier has not paid the tax
|
|
You file the return within the time limit
|
The time limit has passed
|
|
The goods or services are used for business
|
They are used for personal use or on the blocked list
|
Credit that is blocked under the law includes items such as motor vehicles (with exceptions), food and beverages, outdoor catering, club membership, health services, works contract for own immovable property, and goods or services for personal use.
How is GSTR-3B Filed Step by Step by CA Arpit Gupta?
- Call or WhatsApp us on +91-7081220600
- Send your sales and purchase data for the month or the quarter
- We check that GSTR-1 is filed and the sales data matches
- We download GSTR-2B and match it with your purchase records
- We find the credit that is allowed, the credit that is blocked or not shown, and the reversals
- We calculate the tax payable and the interest and late fee, if any
- We tell you the amount to pay in cash before the due date
- You pay the tax, or we guide you to make the payment through challan
- We prepare the return on the portal and show you the summary
- We file the return with the EVC or the DSC, as required, and download the acknowledgement
- We share the reports and the next due dates
Companies and LLPs must sign the return with a Digital Signature Certificate. Others can use an OTP-based EVC.
What Documents and Data Are Needed for GSTR-3B?
- Sales invoices, credit notes and debit notes (already in GSTR-1)
- Purchase invoices and bills with GSTIN and tax shown
- GSTR-2B of the period
- Expense bills with GST
- Import documents, such as bill of entry
- Details of tax paid under reverse charge
- Details of exempt and nil-rated purchases
- Credit reversal workings, such as for goods lost or used for personal use
- Bank statements
- Previous returns and the closing balance of credit and cash ledgers
- Login details of the GST portal, with authority to file
What Mistakes Should You Avoid in GSTR-3B?
- Claiming credit that does not show in GSTR-2B
- Claiming credit on blocked items
- Filing GSTR-3B without matching it with GSTR-1
- Showing different sales values in GSTR-1 and GSTR-3B
- Not paying tax under reverse charge in cash
- Using CGST credit for SGST, or the other way round
- Forgetting to reverse credit when it is required
- Missing the due date by even one day
- Claiming old credit after the time limit
- Not filing a nil return
- Not keeping the bank details and address updated on the portal
- Depending on a person who does not know the credit rules
Why Choose CA Arpit Gupta for GSTR-3B Filing?
- Chartered Accountant checking your return
- We match your credit with GSTR-2B every month
- Correct tax calculation
- On-time filing and reminders
- Notice and mismatch support
- QRMP help
- Help with old returns
- We explain the figures in an easy way
- Easy contact
Get Your GSTR-3B Filed Right
A wrong GSTR-3B can cost you money and credit. Share your data with CA Arpit Gupta, and we will check your credit, calculate the tax and file your GSTR-3B on time.
Call or WhatsApp CA Arpit Gupta at: +91-7081220600.
