To file GSTR-1 (sales) and GSTR-3B (summary) on the GST portal, log in, navigate to Services > Returns > Returns Dashboard, select the period, and click 'Prepare Online' for each form. File GSTR-1 by the 11th (monthly) or 13th (quarterly) of the following month. File GSTR-3B after GSTR-1, ensuring all data matches before signing with DSC/EVC.
Login to the GST Portal with valid credentials.
GSTR-1 shows what the taxpayer sells, while GSTR-3B summarises all sales, purchases, taxes owed, and credits claimed. The reports generated from each return provide crucial information to businesses and the government for decision-making and analysis.
How to file GST returns online?
GSTR 1 is a return of reporting. It is filed by the taxpayers either monthly or quarterly. This return indicates your return on outward supplies, which is nothing but a sales return. GSTR 3B is the return of tax payments.
Maximum marginal rate is the highest rate of tax at any income level. This means for those with incomes between Rs 2 crore and Rs 5 crore, 39% will be the highest applicable tax rate, and for those with incomes above Rs 5 crore, it will be 42.74% — the highest tax rate since 1992.
Types of GST in India
CGST (Central Goods and Services Tax) SGST (State Goods and Services. IGST (Integrated Goods and Services Tax) UTGST (Union Territory Goods and Services Tax)
What is GSTR 3B meaning? GSTR-3B is a self-declared summary return that summarises a taxpayer's outward and inward supplies and the tax payable during a particular tax period. It helps ensure timely tax payment and compliance under the GST system.
The taxpayer is required to log in to the GST portal with their user credentials, navigate to the 'Returns Dashboard', select the relevant tax period and return form, and then fill in all the relevant details before proceeding to file the return form.
Late submission penalty. A late submission penalty of $200 is imposed immediately when the GST return is not filed by the due date. A further penalty of $200 is imposed for every completed month that the GST F5/F8 return remains outstanding. The maximum penalty amount for each outstanding F5/F8 return is $10,000.
The due date to file Form GSTR-1 for a given tax period is 11th day of the succeeding month in case of taxpayers filing it monthly and 13th day of month succeeding the end of every quarter in case of taxpayers filing quarterly or such other dates as may be extended by Government through notification.
Step-by-Step Process to Reconcile GSTR-1 and GSTR-3B
The system generated Form GSTR-3B is partially available as you have not filed your Form GSTR-1/1A. Form GSTR-1/1A is a statement of your Inward supplies and it is always advised to file Form GSTR-1/1A before proceeding to file Form GSTR-3B.
Beginner's Guide to GST
Filing of Form GSTR-3B is mandatory for all normal and casual taxpayers, even if there is no business activity in any particular tax period. So, for such tax period(s), the return can be filed as NIL (if all conditions for filing Nil return is satisfied).
You can file the GST return online as follows.
GST Return Filing by Accountants is available at ₹998 per month, covering GSTR-1 and GSTR-3B filings. Expert accountants manage return filing using LEDGERS GST software to ensure smooth and hassle-free compliance.
Step-by-Step: Filing GSTR‑3B
The Annual aggregate turnover (AATO) in current and preceding FY (if applicable) is up to ₹ 5 Cr. The Form GSTR-3B return for most recent tax period has been filed.
GST Return Fees: Rs. 1,000 to Rs. 3,000 per month. Professional Filing Services: Rs.
File your GST/HST return
GSTR-3B is a simplified monthly summary return under the Goods and Services Tax (GST) regime in India. It provides a consolidated summary of business sales, input tax credit, and the tax payable by a business. Unlike GSTR-1 and GSTR-2, GSTR-3B does not require invoice-level details, making it easier to file.
GST is a broad-based tax of 10% on most goods, services and other items sold or consumed in Australia. To work out the cost of an item including GST, multiply the amount exclusive of GST by 1.1. To work out the GST component, divide the GST inclusive cost by 11.