GST Monthly Return GSTR-3: Key Details, Filing Deadlines, and Penalties for Late Submission

The GST Monthly Return form (GSTR-3) requires taxpayers to provide essential details such as their name, address, GSTIN, and the relevant period. It includes turnover details, tax liabilities under different tax heads, ITC utilization, and other liabilities like interest and penalties. The return is auto-populated from GSTR-1, GSTR-2, and other related forms, with provisions for tax payment and refund claims. It can be filed online or offline by the 20th of the succeeding month, with late filing subject to fees. The form also manages electronic ledgers for ITC, cash, and liabilities, updating them in real-time.