GSTR-3B filing| GSTR-3B Guide & necessary GSTR-3B Reconciliation

GSTR-3B filing, as per the GST laws, is a self-declared consolidated summary of all the inward and outward supplies done by the taxpayer in a month or a quarter.
GSTR-3B vs GSTR-2B reconciliation is now necessary to confirm that the Input Tax Credit claimed in the GSTR-3B form is valid and as per the GSTR-2B statement.
In this comprehensive article, we will be looking at the details of the GSTR-3B form under GST, GSTR 3B late fees, GSTR-3B due dates and all such related information related to GSTR-3B filing.
This short article will discuss some of the essential aspects of the GSTR-3B form under GST.
GSTR-3B filing under GST
GSTR-3B under GST is a consolidated summary of inward & outward supplies made within a month. It’s a self-declaration form that every GST taxpayer has to file with GSTR-1 & GSTR-2 returns.
A regular taxpayer is supposed to file the GSTR-3B return for each tax period. (Either monthly or quarterly).
GSTR-3B gives a detailed summary of taxpayer's liabilities for a month. In GSTR-3B, it is NOT mandatory to upload the invoices of your outward & inward supplies as they have been already furnished in GSTR-1 & other GSTR forms.
Following are the highlighting features of the GSTR-3B form under GST:
GSTR-3B Due Dates
The revised GSTR 3B filing due dates are based on the ‘Annual Aggregate Turnover’ of the business:
AAT in previous FY
|
GSTR-3B Due Date
|
Greater than 5 Crore
|
Filing is done ‘Monthly’.
20th of every month for the preceding month
|
Up to Rs.5 Crore
|
22nd of every month for normal category States/UT-
Andhra Pradesh, Chhattisgarh, Gujarat, Madhya Pradesh, Maharashtra, Tamil Nadu Goa, Karnataka, Kerala, Telangana, Daman-Diu & Dadra and Nagar Haveli, Puducherry, Andaman, Nicobar Islands, or Lakshadweep
|
24th of every month for special category States/UT-
Rajasthan, Himachal Pradesh, Uttarakhand, Punjab, Haryana, Uttar Pradesh, Tripura, Bihar, Arunachal Pradesh, Sikkim, Manipur, Nagaland, Mizoram, Assam, Jharkhand, Meghalaya, West Bengal, Odisha, Chandigarh, Delhi, Jammu and Kashmir, Ladakh
|
GSTR-3B filing eligibility
GSTR-3B filing applies to all the taxpayers eligible for filing GSTR-1, GSTR-2 & GSTR-3 returns
The following types of taxpayers are NOT eligible for filing the GSTR-3B return under GST:
Important GSTR-3B reconciliations
This section discusses the two most crucial reconciliations that every taxpayer should run based on GSTR-3B data.
-
GSTR-3B vs GSTR-1 reconciliation
GSTR-3B and GSTR-1 returns are interdependent because GSTR-1 return CAN NOT be filed if your previous tax period’s GSTR-3B filing is NOT done.
Hence, it’s essential to run GSTR-3B vs GSTR-1 reconciliation to identify the gaps and confirm the outward sales data that goes in the GSTR-3B return.
Importance of GSTR-3B vs GSTR-1 reconciliation
-
GSTR-3B vs GSTR-2B Reconciliation
The outward supplies details filed by a supplier in his GSTR-1 are reflected in the GSTR-2A and GSTR-2B of the recipient of these supplies.
Claiming of eligible Input Tax Credit is wholly based on the ITC available in the GSTR-2B of the taxpayer.
Hence, GSTR-2B reconciliation is necessary to claim only the eligible GST Input Tax Credit.
Importance of GSTR-3B vs GSTR-2B reconciliation
-
The taxpayer can claim eligible ITC on the GST paid on inward supplies.
-
ITC reflected in the GSTR-2B statement shall be considered for claiming the final ITC in the GSTR-3B form.
-
GSTR-2A will show the details uploaded by the supplier, but under GSTR 3B, the taxpayer will himself upload the details to claim ITC for the particular tax period.
-
Only ITC available in the GSTR-2B of the month shall be considered the eligible ITC.
Hence, GSTR-3B vs GSTR-2B reconciliation is essential for 100% GST compliance.
Benefits of using automated GSTR 2B reconciliation software
-
Saves time & manual efforts
-
100% accurate data reconciliation
-
No compliance issues
-
Easy integration with your existing ERP
-
Completely automated GSTR-3B filing
Reversal of ITC in GSTR-3B
Excess or ineligible Input Tax Credit claimed by the taxpayers can be reversed in the GSTR-3B return.
To reverse the ITC, the taxpayers must furnish the ITC reversal details in Table 4 (B) of Form GSTR-3B.

-
As per Rule 42 & 43 of SGST/CGST Rules
-
ITC on capital goods used for making exempted supplies, nil-rated supplies, or taxable supplies must be provided in this section. The Input Tax Credit on goods that are NOT used for business purposes must be REVERSED.
-
‘Others’ section
Conclusion
GSTR-3B return is mandatory for all taxpayers, and it is essential to file GSTR-3B before the due date.
Instead of going for a manual reconciliation & GSTR-3B filing, we suggest filing your GSTR-3B returns with a completely automated solution like GSTHero. This will help you stay 100% compliant with the frequently changing GST laws and also help you to avoid clerical mistakes in your returns.
Stay ahead; stay updated!
Until the next time….