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GSTR 1

Jayaram (Senior Finance Officer) (398 Points)

30 December 2017

I not filed 3B & not paid tax for Aug & Sep 17 Can I file GSTR 1?

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CA Rakesh Ishi (Working at Private Company) (8202 Points)
Replied 30 December 2017

GSTR-3B is a simple return form introduced by the CBEC for July 2017 to March 2018.

GSTR-3B contains details of outward and inward supplies. Do note that you do not have to provide invoice level information in this form. Only total values for each field have to be provided.

You must file a separate GSTR-3B for each GSTIN you have.

The tax liability of GSTR-3B must be paid by the last date of filing GSTR-3B for that month.

GSTR-3B has to be filed by 20th of next month till March 2018

Every person who has registered for GST must file the return GSTR-3B. This return form must be filed and submitted by you even if you do not have any transactions during these months.

However, the following registrants do not have to file GSTR-3B

Input Service Distributors
Composition Dealers
Suppliers of online information and database access or retrieval services (OIDAR), who have to pay tax themselves (as per Section 14 of the IGST Act)
Non-resident taxable person

GSTR-3B cannot be revised. There is no way of revising GSTR-3B once it is filed.

Filing GSTR-3B is mandatory. Even if a taxpayer has no transactions during a month, it will still have to file a nil return.

Interest @ 18% per annum is payable. It has to be calculated by the taxpayer on the amount of outstanding tax to be paid. The time period will be from the next day of due date for filing to the date of payment.

Late Fee for filing GSTR-3B after the due date is as follows:

Rs. 50 per day of delay
Rs. 20 per day of delay for taxpayers having Nil tax liability for the month.

GSTR-1 has to be filed on a monthly or a quarterly basis depending on the turnover. Due dates and filing of GSTR-2 and GSTR-3 will be worked out by the GST Council soon. You have to file GSTR-3B every month.

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