Submission of GSTR-3B

[SURYAKANT MITHBAVKAR]

Under GST regime we have to submit summarize details in GSTR 3B on or before 20th August 2017 for the month of July-17.

As per GST Network they are showing our first return is due on 05/09/17.

Whether we have to file GSTR 3B or not. If yes Whether there is any format available.

[Vamsi Krishna]

With the objective of ensuring smooth rollout of GST and taking into account the concerns expressed by the trade and industry regarding filing of the returns in GST regime, it has been decided that, for the first two months of GST implementation, the tax would be payable based on a simple return (Form GSTR-3B) containing summary of outward and inward supplies which will be submitted before 20^th of the succeeding month. However, the invoice-wise details in regular GSTR – 1 would have to be filed for the month of July and August, 2017 as per the timelines given below –

 

Month	GSTR – 3B	GSTR - 1	GSTR – 2 (auto populated from GSTR-1)
July, 2017	20th August	1st – 5thSeptember*	6th – 10thSeptember
August, 2017	20thSeptember	16th – 20thSeptember	21st – 25thSeptember

[KIRTIKUMAR PUROHIT]

GSTR-3B return is due on the 20th of August and 20th of September 2017. From October 2017, the taxpayers would be required to file GSTR-1, GSTR-2 and GSTR-3, as per normal schedule. Hence, GSTR-3B is a temporary return that must be filed monthly until October, 2017.

The Government has mentioned that during the GST transition period, leniency would be shown to taxpayers to familiarize themselves with the GST provisions. Hence, no penalty has so far been announced for not filing GSTR-3B return. However, it is expected that taxpayers who fail to file GSTR-3B returns would be ineligible to being filing GSTR-1, GSTR-2 and GSTR-3 returns from the month of October. Failure to file GSRT-1, GSTR-2 and GSTR-3 returns will attract penalty of ₹ 100 per day.

AI Summary

GSTR-3B filing requirement: temporary monthly summary return; non-filers may lose ability to file regular GST returns. Submission of a GSTR-3B summary return is a temporary monthly obligation during the initial GST transition: taxpayers must file consolidated summaries of outward and inward supplies by the twentieth of the succeeding month, while filing invoice-wise details in GSTR-1 for the same months with GSTR-2 auto-populated from GSTR-1. Failure to file GSTR-3B may render a taxpayer ineligible to file regular returns when the normal filing regime resumes, and later non-filing of regular returns will attract per-day penalties.