Gstr 3B Related Articles

Aug - 2024

27

GSTR 1 and GSTR 3b Reconciliation

GSTR 1 and GSTR 3b Reconciliation

GSTR 1 and GSTR 3b Reconciliation Reconciliation of GSTR-1 and GSTR-3B is a crucial process that helps rectify any discrepancies between the two forms. Failing to reconcile these returns can lead to show-cause notices from the GST authorities. Additionally, unresolved mismatches can impede the accu ...

Aug - 2024

22

How to file GSTR 3b Nil Return?

How to file GSTR 3b Nil Return?

How to file GSTR 3b Nil Return? Nil GSTR-3B returns are filed in the same manner as regular GSTR-3B returns. Regardless of having no outward or inward supplies, which results in no tax liability for a specific month, it is compulsory for taxpayers to file a nil GSTR-3B via the GST portal for that p ...

Aug - 2024

22

How to File GSTR 3b?

How to File GSTR 3b?

How to File GSTR 3b? Filing the GSTR-3B form is a critical monthly obligation for businesses under the GST regime in India. This simplified return summarises inward and outward supplies, helping businesses manage their tax liabilities without delving into the complexities of detailed invoice report ...

Jun - 2023

02

Penalty for Late Filing of GST Return 3-B

Penalty for Late Filing of GST Return 3-B

Penalty for Late Filing of GST Return 3-B Filing taxes is essential for every business, and the Goods and Services Tax (GST) is no exception. Under the GST regime, taxpayers are required to file various GST returns to ensure compliance with the law. One such return is GST Return 3-B, which plays a ...

Jun - 2021

07

Late Fee Reduction on Filing Form GSTR-3B

Late Fee Reduction on Filing Form GSTR-3B

Late Fee Reduction on Filing Form GSTR-3B In line with the decisions taken in the 43rd GST Council meeting held on 28.05.2021, CBIC has announced the Late Fee Reduction on Filing Form GSTR-3B vide a Notification 19/2021 Central Tax Dated 01.06.2021. The Government has provided relief by way of red ...

Nov - 2020

17

Form GSTR-3B Due date for the tax periods October 2020 to March 2021

Form GSTR-3B Due date for the tax periods October 2020 to March 2021

Form GSTR-3B Due date for the tax periods October 2020 to March 2021 Central Board of Indirect Taxes and Customs (CBIC) released Notification No. 82/2020 – Central Tax, dated 11th November 2020 for specifying the Due date of GSTR-3B for the tax periods from October 2020 till March 2021. With this ...

Oct - 2020

15

Blocking of e-Way Bill (EWB) Generation Facility After 15th October 2020

Blocking of e-Way Bill (EWB) Generation Facility After 15th October 2020

Blocking of e-Way Bill (EWB) Generation Facility After 15th October 2020 The Goods and Services Tax Network (GSTN) has issued notices to taxpayers regarding the restriction of the E-Way Bill (EWB) generation facility after 15th October 2020. E-way bill generation facility would be restricted in cas ...

Sep - 2019

10

Form GST RET-1

Form GST RET-1

Form GST RET-1 In the proposed GST return filing, Form GST RET-1 has been introduced to replace Form GSTR-1 and Form GSTR-3B. Currently, companies are required to file tax returns using GSTR-1 and GSTR-3B by providing the details of inward and outward supply. However, under this new return system, ...

Apr - 2019

17

Scheme for Budgetary Support (SBS)

Scheme for Budgetary Support (SBS)

Scheme for Budgetary Support (SBS) The Department of Industrial Promotion and Policy (DIPP) has declared a scheme to extend the budgetary support to the manufacturing units in the backward areas. These areas avail central excise benefits as per the area-based exemption notification under different ...

Nov - 2018

27

GSTR-3B Offline Utility

GSTR-3B Offline Utility

GSTR-3B Offline Utility GSTR-3B is a monthly self-declaration that has to be filed by every person who has registered for GST. Every registered taxpayer needs to file a separate GSTR-3B for each GSTIN they possess including nil returns. To help the taxpayer prepare their GSTR-3B return offline, Goo ...

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