What is GSTR 3B? Form GSTR-3B consists of summarized details of supplies made during the month along with the details of paid taxes, ITC claimed, purchases under the reverse charge mechanism, etc. Furthermore,
What is the penalty for not filing GSTR-3B or filing it late? It is mandatory to file GSTR-3B even if you have nil transactions. If you delay the submission, you will have to pay late fees as follows – INR 50 per day of delay; if you have transactions to account for in your r...
Q1. What is the difference between GSTR 3 and GSTR 3B? Answer: The GSTR-3B is a consolidated return form, whereas the GSTR is a detailed form that includes only the sales and purchase details of the month Q2. How can we rectify GSTR- 3B? Answer:Previously, there was a reset tab ...
Monthly GSTR 1 and GSTR 3B New QRMP Scheme What do You Mean by the Latest QRMP Policy? The full form of QRMP is a Quarterly Return Monthly payment policy in which an enrolled assessee needs to furnish the GSTR 1 and GSTR 3B ON Quarterly Basis and to Deposit Tax Monthly Basis (PM...
What is GSTR 3A Notice? A taxpayer registered under GST has to file his/her GSTRs on a monthly or quarterly basis in addition to one annual return if his turnover surpasses the threshold limit. However, if the taxpayer fails to file the relevant returns, he/she receives a government noti...
Learn everything about GSTR-3B filing, its format, and due dates. Follow our guide for step-by-step instructions and avoid late filing penalties.
What if there is an error in the submitted form? Unfortunately, if there is an error in this form, you cannot rectify it in the current quarter. You can, however, submit an amendment in the succeeding quarter when you submit the form for that period. ...
Looking for online definition of GSTR or what GSTR stands for? GSTR is listed in the World's most authoritative dictionary of abbreviations and acronyms
What is GSTR-2A? GSTR-2A is a system-generated document that shows the details of purchases/inward supplies of the buyer. This is an auto-generated statement that provides near-to-real time visibility of inward supplies as and when the supplier details the invoices in his GSTR-1. In ...
To learn more about what is a GSTR 2 return and its contents, kindly refer to this article:Understanding GSTR 2 form. It also contains instructions on where to file the said return in theWhere to file GSTR return?section. Please let me know if you have other concerns. I'm just a...