Tag Archives: GSTR3B

GST relaxations – covid

from the GST portal

Waiver of interest and late fee to normal taxpayers (filing return on monthly or quarterly basis) and composition taxpayers, for the tax periods of March and April, 2021

04/05/2021

Government has granted waiver from payment of interest and/or late fee to normal (Monthly / Quarterly) & composition taxpayers for the tax periods of March and April, 2021, through Central Tax Notification Nos. 08/2021 and 09/2021, both dated 1st May, 2021. The details are summarized below:

Relaxations in filing Form CMP-08 for Composition Taxpayers : For Quarter of Jan-March, 2021, instead of 18th April, 2021, Composition Taxpayers can now file their quarterly return in Form CMP-08, without interest up to 3rd May, 2021, with 9% reduced interest between 4th May to 18th May, 2021, and with 18% interest from 19th May, 2021 onwards.

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form GSTR-3B

updates from GST portal

Due dates for filing of Form GSTR-3B from the Tax Period of January, 2021

16/03/2021

1. Government of India, Ministry of Finance (Department of Revenue), CBIC, vide Notification No 82/2020 – Central Tax, dated 10th Nov., 2020, has revised Rule 61 of the Central Goods and Services Tax Rules, 2017, to provide for staggered filing of Form GSTR-3B, for the tax periods from January, 2021, onwards, as under:

This has been bought about under the QRMP scheme (i.e quarterly returns monthly payment) by which assessees are allowed to pay their tax monthly but file their returns quarterly.

But actually its a bummer of a scheme, because filing of form GSTR-3B post payment of the monthly tax actually used to take only 2 additional minutes. So what ease of doing business govt. has achieved by this move, God only knows.

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GST due dates for Dec 2020

update on GST portal

Due dates for filing of Form GSTR-3B for the Tax Period of December, 2020

13/01/2021

1. Government of India, Ministry of Finance (Department of Revenue), CBIC, vide Notification No. 82/2020 – Central Tax, dated 10th Nov., 2020, has inserted sub rule 6 in Rule 61 of the Central Goods and Services Tax Rules, 2017, to provide for staggered filing of Form GSTR-3B, for the tax period of December, 2020 as under:

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invoice furnishing facility

update from GST portal

Invoice Furnishing Facility (IFF) for Taxpayers under QRMP Scheme

06/01/2021

  1. An Invoice Furnishing Facility (IFF) facility has been provided to taxpayers under QRMP Scheme (Quarterly filers of Form GSTR-1 and also of Form GSTR-3B returns), as per sub-rule (2) of Rule-59 of the CGST Rules, 2017. Taxpayers who have opted for quarterly filing frequency under the scheme can file their details of outward supplies (B2B invoices only) for first two months of a quarter (M1 and M2 respectively of a Quarter) in IFF. For e.g. for Apr-June qtr., B2B invoices only for the months of April (M1) and May (M2) can be filed in IFF by a taxpayer.
  2. The IFF is a facility similar to Form GSTR-1, and it allows filing of details of B2B invoices in following tables only:
    1. The option to upload details in IFF can be availed till 13th of the subsequent month. Any invoices remaining to be furnished, can be filed using the IFF in the subsequent month IFF or in the quarterly Form GSTR-1. For e.g. for Apr-June qtr., B2B invoices for the month of April (M1) can be filed in IFF by a taxpayer till 13th May. Any IFF which is not filed till the due date of 13th of the subsequent month will expire.
    2. To file the IFF form for M1 and M2 of the month, login to GST Portal and navigate to Returns > Services > Returns Dashboard > File Returns and then
    3. IFF is an optional facility provided to taxpayers under QRMP scheme to pass on Input Tax Credit (ITC) to their recipients for M1 and M2 months of a quarter. However, filing of Form GSTR-1 for M3 month of a quarter is mandatory.

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      Auto population of details in Form GSTR-3B from Form GSTR 1 & GSTR 2B

      Updates on the GST portal

      1. Auto Populated details in Form GSTR 3B: Now, auto-population of system computed details in Form GSTR-3B, has been enabled for taxpayers (filing their Form GSTR-1 on monthly basis), from November 2020 Tax Period onwards. The same will be done based on the following:
      2. PDF Format of FORM GSTR-3B: The table-wise computation of the values, auto-populated in Form GSTR-3B, is made available in PDF format also on the Form GSTR-3B dashboard. The same can be downloaded by clicking on the “System Generated GSTR-3B” tab.
      3. Salient features:
      4. These system computed auto populated values are only for assisting the taxpayers in filing their Form GSTR 3B. Taxpayers have to ensure the correctness of the values being reported and filed in Form GSTR-3B.
      5. The system will prompt the taxpayers with an alert in cases where the variance of the edited values from the auto-populated values is higher than a particular threshold. Taxpayers can change/ edit the auto populated values in Form GSTR-3B.
      6. In case taxpayer has not filed Form GSTR-1 for the period, system generated summary will display the respective values as ‘Not filed’. Similarly, if Form GSTR-2B is not generated for the period, system generated summary will display the respective values as ‘Not generated’.
      7. If the taxpayer has entered & saved any values in Form GSTR-3B before auto-population by the system, the saved values will not be changed/over-written by the system.
      8. Table 5 and 6.2 of FORM GSTR-3B is not part of the PDF & will not be auto-populated by the system.

      Comments: This is a welcome move by the GST department.

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      Due dates for filing Form GSTR-3B from October, 2020 till March, 2021

      update on GST portal

      Due dates for filing of Form GSTR-3B for the Tax Periods from October, 2020 till March, 2021

      04/12/2020

      1. Government of India, Ministry of Finance (Department of Revenue), CBIC, vide Notification No. 82/2020 – Central Tax, dated 11th Nov., 2020, has added sub rule (6) to Rule 61 of the Central Goods and Services Tax Rules, 2017, to provide for staggered filing of Form GSTR-3B, for the tax periods from October, 2020 till March, 2021. The details are as under:

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      GST – qtly rtn filing & monthly pmt of taxes

      Update from GST portal dated 20th November, 2020

      Salient features of Quarterly Return filing & Monthly Payment of Taxes (QRMP) Scheme

      20/11/2020

      1. Who can opt for the scheme: Following registered person (hereinafter RP) can file quarterly returns and pay tax on monthly basis w.e.f. 01.01.2021 :
      2. Changes on the GST Portal: For qtr. Jan., 2021 to March, 2021, all RPs whose AATO for the FY 2019-20 is up to Rs 5 Cr. and have furnished the return in Form GSTR-3B for the month of October, 2020 by 30th 2020, will be migrated by default in the GST system as follows:
      3. When can a person opt for the scheme:
      4. The RPs opting for the scheme can avail the facility of Invoice Furnishing Facility (IFF), so that the outward supplies to registered person is reflected in their Form GSTR 2A & 2B.
      5. Payment of tax under the scheme:

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      auto-populated form GSTR3B

      Update on the GST portal dated 11th November, 2020

      1. GSTN has earlier introduced Form GSTR-2B, a static statement with details of ITC available for a tax period, for the benefit of taxpayers. GSTR-2B is an auto-drafted Input Tax Credit (ITC) statement generated for every recipient, on the basis of the information furnished by their suppliers, in their respective Form GSTR-1 & 5 and Form GSTR-6 filed by ISD. Click here for details https://www.gst.gov.in/newsandupdates/read/396 .
      2. GSTN has also introduced a facility to download pdf statement to taxpayers, who are filing monthly GSTR-1 statement, with system computed values of Table 3 of Form GSTR-3B. This PDF will be prepared on the basis of the values reported by them, in their GSTR-1 statement, for the said tax period. Click here for details https://www.gst.gov.in/newsandupdates/read/398 .
      3. In continuation of the return linkage project, GSTN has now introduced auto-populated Form GSTR-3B in PDF format, for benefit of the taxpayers. The auto-populated PDF of Form GSTR-3B will consist of:-
        • Liabilities in Table 3.1(a, b, c and e) and Table 3.2 from Form GSTR-1
        • Liability in Table 3.1(d) and Input Tax Credit (ITC) in Table 4 from auto-drafted ITC Statement from Form GSTR-2B.
      4. This facility is made available in Form GSTR 3B dashboard from October 2020 tax period onwards.
      5. This facility will become available for taxpayers who are registered as Normal taxpayer, SEZ Developer, SEZ unit and casual taxpayer.
      6. The system generated PDF will be made available on GSTR-3B dashboard. Taxpayers will be able to access their Form GSTR-3B (PDF) through: Login to GST Portal > Returns Dashboard > Select Return period > GSTR-3B> System Generated 3B.

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      withdrawal of EVC facility

      updates dated 23rd October, 2020 from GST portal

      Withdrawal of EVC facility extended to companies for filing GSTR1 and GSTR3B.

      23/10/2020

      The facility to file GSTR 3B and GSTR-1 with the EVC in lieu of DSC extended to the registered person, who are also registered under the Companies Act, 2013, shall be withdrawn w.e.f. 1st Nov. 2020. However, facility to file NIL returns through OTP verification, shall be continued for all types of registered persons in view of notification 58/2020- dated 1st July 2020

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      blocking of EWB facility

      update on GST portal dated 10th October, 2020

      1. In terms of Rule 138 E (b) of the CGST Rules, 2017, the E Way Bill generation facility of a person is liable to be restricted, in case the person fails to file their GSTR-3B returns, for a consecutive period of two months or more.
      2. As you might be aware that the GST Council in its last meeting has decided that this provision will be made applicable for the taxpayers whose Aggregate Annual Turn Over (AATO, PAN based) is more than Rs 5 Crores.  
      3. Thus, if the GSTIN associated with the respective PAN (with AATO over Rs 5 Cr.) has failed to file their GSTR-3B Return for 02 or more tax periods, up to the month of tax period of  August, 2020, their EWB generation facility will be blocked on the EWB Portal. Please note that the EWB generation facility for such GSTINs (whether as consignor or consignee or by transporter) will be blocked on EWB Portal after 15th October, 2020.
      4. To avail continuous EWB generation facility on EWB Portal, you are therefore advised to file your pending GSTR 3B returns immediately.
      5. Please ignore this update if:
        1. You are not registered on the EWB portal or
        2. You have already filed your GSTR-3B Return for August, 2020 or
        3. Your AATO (PAN based) is below Rs 5 Cr.

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      GST through EVC

      Government under Central Board of Indirect Taxes and Customs has vide its notification no. 48/2020 dated 19th June, 2020 allowed GST registered persons who are companies under the Companies Act, 2020 to file their GSTR3B returns and GSTR1 returns by EVC method i.e. Electronic Verification code, which basically means an OTP will come to the mobile no. of the registered person or the authorised person in case of a company. This is a much better system of filing the GSTR returns than via the digital signature mode and i feel that the CBITC should make it as default option for the registered persons. It saves too much of hassle in filing the returns online which are time bound. Otherwise one has to take a digital signature, which is valid only for 2 years, then that DSC has to be registered on the GST portal and then there are other issues like the emsigner verification, which is a totally cumbersome process and very difficult to navigate. Govt. should make it easier for the assesses to file the returns instead of making it cumbersome.

      This filing by EVC method is allowed from 27th May, 2020 to 30th September, 2020 due to the covid pandemic, but in my view it should be made permanent fixture going forward.

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      NIL form GSTR-3B through SMS

      The GST authorities have allowed NIL form GSTR3-B to be filed through SMS on the GST portal instead of using the web interface. But there are a whole lot of conditions to be fulfilled before one can take advantage of this facility.

      https://www.gst.gov.in/newsandupdates/read/381

      1. To file NIL Form GSTR-3B through SMS, the taxpayer must fulfill following conditions:
        • They must be registered as Normal taxpayer/ Casual taxpayer/ SEZ Unit / SEZ Developer.
        • They have valid GSTIN.
        • Phone number of Authorized signatory is registered on the GST Portal.
        • There is no pending tax liability for previous tax periods, interest or late fee.
        • All GSTR-3B returns for previous tax periods are filed.
        • No data should be in saved stage for Form GSTR-3B on the GST Portal, related to that respective month.
        • NIL Form GSTR-3B can be filed anytime on or after the 1st of the subsequent month for which the return is to be filed.
      2. NIL Form GSTR-3B for a tax period must be filed if the taxpayer:
        • Has NOT made any Outward Supply
        • Do NOT have any reverse charge liability
        • Do NOT intend to take any Input tax credit; and
        • Do NOT have any liability for that particular or previous Tax Periods.
      3. All the authorized representatives, for a particular GSTIN can file NIL Form GSTR-3B through SMS.
        1. If more than one authorized representative/ signatory have the same mobile number registered on the GST Portal, such SMS requests will not be accepted for filing NIL Form GSTR-3B.
        2. An SMS and e-mail will be sent on the e-mail and mobile number of the primary authorized signatory.
        3. In case, filer of NIL Form GSTR-3B is an authorized signatory, SMS will be sent to his/her mobile number also.
      4. Taxpayer can file NIL Form GSTR-3B, through SMS for all GSTINs, for whom they are an Authorized Signatory, using same mobile number.

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      GST – staggered returns

      Ministry of Finance press release dated 22nd January, 2020

      Considering the difficulties faced by trade and industry in filing of returns, the government has decided to introduce several measures to ease the process. The Finance Ministry today said that now GST taxpayers can file their GSTR-3B returns in a staggered manner.

      Presently the last date of filing GSTR-3B returns for every taxpayer is 20th of every month. From now on, the last date for filing of GSTR-3B for the taxpayers having annual turnover of Rs 5 crore and above in the previous financial year would be 20th of the month. Thus, around 8 lakh regular taxpayers would have the last date of GSTR-3B filing as 20th of every month without late fees.

      The taxpayers having annual turnover below Rs 5 crore in previous financial year will be divided further in two categories. The tax filers from 15 States/ UTs, i.e., Chhattisgarh, Madhya Pradesh, Gujarat, Daman and Diu, Dadra and Nagar Haveli, Maharashtra, Karnataka, Goa, Lakshadweep, Kerala, Tamil Nadu, Puducherry, Andaman and Nicobar Islands, Telangana and Andhra Pradesh will now be having the last date of filing GSTR-3B returns as 22nd of the month without late fees. This category would have around 49 lakh GSTR-3B filers who would now have 22nd of every month as their last date for filing GSTR-3B returns.

      For the remaining 46 lakh taxpayers from the 22 States/UTs of Jammu and Kashmir, Laddakh, Himachal Pradesh, Punjab, Chandigarh, Uttarakhand, Haryana, Delhi, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand and Odisha having annual turnover below Rs 5 crore in previous financial year will now be having last date of filing the GSTR-3B as 24th of the month without late fees.

      The Finance Ministry said that the necessary notification in this regard would be issued later by the competent authority.

      In a statement issues, the Ministry further said that it has also taken a note of difficulties and concerns expressed by the taxpayers regarding filing of GSTR-3B and other returns. The matter has been discussed by the GSTN with Infosys, the Managed Service Provider, which has come out with above solution to de-stress the process as a temporary but immediate measure. For further improving the performance of GSTN filing portal on permanent basis, several technological measures are being worked out with Infosys and will be in place by April 2020.

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