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Gst 3b checkist

parvez vasaya (5 Points)

09 August 2017

Sir, Please provide Checklist of details/documents required for GSTR 3B .

Thanks

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upasana gupta (Finance Professional) (3931 Points)
Replied 09 August 2017

1. Outward Supplies: (Table 3.1) a. Taxable (Taxable Value and All Tax Amounts including Cess) b. Zero Rates (Taxable Value and Integrated Tax Amount in Cess) c. Nil Rated and Exempted (Taxable Value) d. Non-GST (Value as per other laws- Taxable Value) Out of Outward Supplies as per 1a. , The Inter-State Supplies made to: (Table 3.2); (i) Unregistered Persons (Taxable Value and Integrated Tax) (ii) Composition Taxable Persons (Taxable Value and Integrated Tax) (iii) UIN holders like WHO, Embassies etc. (Taxable Value and Integrated Tax) Shall be reported POS wise. 2. Inward Supplies: (Table 3.1 and Table 5) a. Reverse Charge Inward Supplies (Taxable Value and All Tax Amounts including Cess) (Table 3.1) b. From a supplier under composition scheme, Exempt and Nil rated (Invoice Value) and (Table 5); the total value of the purchase of inputs from a composition taxable person or services received have to be bifurcated separately for intrastate and interstate. c. Non GST supply (Invoice Value) (Table 5); the total value of the purchase of inputs that are nil rated or exempted inputs have to be bifurcated separately for intrastate and interstate. 3. Input Tax Credit on : (Table 4; 4A) a. Import of goods (Input Tax Credit) b. Import of services (Input Tax Credit) c. Inward supplies liable to reverse charge (other than 2a. & 2b. above) (Input Tax Credit) d. Inward supplies from ISD (Input Tax Credit) e. All other ITC (Input Tax Credit) No requirement of reporting Taxable or Invoice value for Inward supplies for Input Tax credit except as mentioned in Point 2 above. 4. Input Tax credit reversal : (Table 4; 4B) a. As per rules 42 & 43 of CGST Rules (Input Tax Credit reversal) b. Others (Input Tax Credit reversal) 5. Ineligible Input Tax Credit: (Table 4; 4D) a. As per section 17(5) (Input Tax Credit- Not availed due to ineligibility) b. Others (Input Tax Credit- Not availed due to ineligibility) Example: ITC on the supply of goods or service by a fitness club or health centre.