India: How to generate GSTR-3B Report?

Vivien Lok -

The GSTR-1 Report is mainly about the details of the sales and outward supplies, whereas the GSTR-2 involves the Report of details of purchases.

In this article, we will discuss GSTR-3B, which consists of a monthly summary of sales and purchases, which is auto-populated by pulling the source of information from GSTR-1 and GSTR-2.

When to file the GSTR-3B Report?

The GSTR-3 will show the GST liability for your company in that particular month. It must be filed before the 20th of the following month.

Who should file for the GSTR-3B Report?

Every registered person is mandatory to file GSTR-3 irrespective of whether any business transactions occur during that month.

This is exceptional for selected parties mentioned below:

  • Composition Dealers
  • Non-resident taxable person
  • Person liable to collect TCS
  • Person liable to deduct TDS
  • Input Service Distributors
  • Any suppliers of online information and database access or retrieval services (OIDAR).

Pre-requisites for filing GSTR-3B

  • A registered taxpayer with a valid 15 digit PAN based GSTIN
  • You have submitted the GSTR-1 and GSTR-2.
  • You can either use OTP using an Electronic Verification Code (EVC) or a digital signature certificate to verify your return.
  • You can also use Aadhar based e-sign to file the return.

*Take note that you must pay off the GST liability owed to the government in that month before registering for the return.

How to generate GSTR-3 Report?

  1. Go to the Report tab on the sidebar menu.
  2. Select the ‘GSTR-3B’ Report under the Tax category.
  3. You will be directed to the GSTR-3B Report page and you will come across the information of details such as:
  • Section 3.1: Outward supplies and inward supplies liable to reverse charge
  • Section 3.2: Interstate supplies made to an unregistered person, composition taxable person and UIN holders.
  • Section 4: Eligible ITC
  • Section 5: Value of exempt, nil-rated and non-GST inward supplies
  • Section 5.1: Interest and late fee payable

4.  On the GSTR-3B report, Deskera users can view individual transactions for each section by clicking on the details button under the actions tab.

5.  Click on the export button to download the GSTR-3B Report in xls format.