GST Means Good and Simple Tax , so its affordable also with


The basic definition of GST

The goods and services tax or popularly called GST is the tax which eliminates all the indirectly levied taxes earlier. It is applicable to all the Indian goods, products and services. This tax is something which makes India fall under one unified market tax. Taxpayers no longer have to pay multiple taxes such as VAT, service tax, customs duty, etc. Since this tax came into effect from 1st July 2017, the GST day is celebrated on the 1st of July every year.  


What is GSTR 3B?

The GSTR-3B is a monthly self-declaration which a dealer has to be file within the tenure of July 2017 till March 2020. These are the following points to be noted while filing the GSTR 3B. 

A separate GSTR-3B has to be filed for each GSTIN 

Tax liability of GSTR-3B has to be paid by the last date of filing GSTR-3B for a particular month

Once filed, the GSTR-3B form cannot be revised



Those who have registered for GST have to file GSTR 3B. This even includes the Nil Returns. But as usual, there are some of those who do not have to file GSTR-3B. These registrants are listed below: 

The Input Service Distributors & Composition Dealers

The suppliers of OIDAR

A Non-resident taxable person


Penalties of not filing GSTR 3B

As discussed above, the filing of GSTR 3B is necessary for everyone who has registered for the GST, including the Nil Returns. Thus if not filed, then the defaulters are penalised with a late fee. There is a need for reconciliation of GSTR-1 with GSTR-3B. The penalties are as follows:

Rs. 50/day of delay has to be paid.

You need to check if there is any invoice which has been missed out or duplicated

Those taxpayers who have Nil Tax Liability for a month are penalised with Rs. 20 per day of delay.

On the outstanding tax which has to be paid, a total of Interest @ 18% per annum is payable on it.


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FAQ - Frequently asked questions

What about GST paid on telephone bills/ electricity bills?

Any GST that is paid and used for business purposes will be allowed as an eligible credit and any GST that is not used for business purposes will be reversed as per Rule 42 and 43. If proportionate credit is utilized for non-business purposes then to that extent credit will be reversed. Specifically, electricity is outside the ambit of GST and no GST is payable on the same.

Can we adjust the tax paid on reverse charge mechanism against the input ITC available?

No. The tax to be paid on the reverse charge is to be paid in cash.

We have not worked out the reverse charge liability and the due date for filing is 20th, when can I pay the RCM liability?

All the taxes due need to be paid and filed only by the due date.

What is 3b in GST?

The GSTR 3B is a simple tax return form introduced by the Central Board of Excise and Customs (CBEC) for the month of July and August.

Is GSTR 3b monthly or quarterly?

Only one Quarterly return facility in GSTR-1 is available If TO is up to 1.5 crores but GSTR-3B must be filed monthly.

What can be done if you’ve filled wrong values in GSTR 3B?

They can be rectified in GSTR 1 and 2. However, interest may be levied on the differential amount.