Last Updated on 09/05/2020 by Deepak Singla
GSTR-3B is a return that has to file by every registered taxpayer. Every taxpayer needs to file this GSTR-3B until June 2019. GST Portal provides the facility of filing GSTR-3B. However, you may face some problems while filing GSTR-3B on GST Portal:
- Values cannot be copy-pasted.
- This may increase the chances of errors due to manual intervention
- GST liability is determined after the filing of GSTR-3B
Steps: How to File GSTR-3B on GST Portal?
Step 1 – Open GST Portal and login into it.
Step 2 – Then manoeuvre to Services > Returns > Returns Dashboard. Click on Return Dashboard
Step 3 – After clicking on Return Dashboard it will show File Returns page. On that page from the pull-down list select the Financial Year & Return Filing Period for which you want to file the GST Return. Then Click on the SEARCH button.
Step 4 – After hitting the search you will be able to see different tiles. Make sure to fill correct details from GST Certificate. Further, click the PREPARE ONLINE button on GSTR-3B’ tile.
Step 5 – Furnish values in different columns. Moreover, you have to furnish Interest and Late Fees, if any.
Step 6 – After furnishing all the details, click on the SAVE GSTR-3B button at the. You will receive an on top of the page showing GSTR-3B details saved successfully.
Step 7 – After saving all the details, the SUBMIT button will enable. Once you are sure about the details furnished click on the SUBMIT button to submit the GSTR-3B return.
Note: Once you submit the form you would not be able to make any changes in GSTR-3B. Moreover, you will get a message showing Submit request has been posted successfully. And the GSRT- 3B status will be changed to Submitted.
Step 8 – Once the GSTR-3B is successfully submitted, Payment of Tax option will be enabled.
You need to follow the following steps to pay the tax and offset the liability:
- Click on the Payment of Tax option.
- Tax liabilities will reflect in in the Tax payable section of this option. Credits will reflect in the credit ledger and can be seen on the specific headings in the payment section.
- To see the cash and credit balance click on the CHECK BALANCE button. This helps the taxpayer to verify the balances before making the payment and off-setting your liability.
- After checking the balance you need to click on the Ok button.
- To set-off the liability you need to provide the credit amount that can be utilized from the available credit.
- At the time of providing input to ensure that the utilization principles for credit are followed or else you would not be able to offset the liability.
- Afterwards, click on the OFFSET LIABILITY to clear-off the liabilities. Once it is successful you will get a message then click ‘OK’ button.
Step 9 – Afterwards check the declaration box and choose Authorised Signatory from the drop-down list. After that, you need to choose FILE GSTR-3B WITH DSC/FILE GSTR-3B WITH EVC button.
Step 10 – Once you are done with all the procedure click on the proceed button.
You will get a message showing the filing successfully.
After this GSTR-3B status will now change to Filed. Further, you can choose the View GSTR-3B to view it.
How to Rectify Mistakes in GSTR-3B after Filing?
At the time of filing GSTR-3B, you may face different errors that can be reconciled or rectified in the following manner
Under-reporting of liability
- After payment of interest in subsequent month(s) return, there can be chances that liability is added.
- The liability can be declared in the subsequent month’s quarter/monthly GSTR-1 in which payment was made if such liability was not reported in the particular month/quarter GSTR-1.
Over-reporting of liability
- Liability can be adjusted subsequent month(s) refund or when the adjustment is not feasible then a refund can also be claimed.
- If such liability was over-reported in the month’s/quarter’s GSTR-1, then such liability can be rectified by making amendments under Table 9 of GSTR-1
Incorrect reporting of liability and finding it after filing the return
- Unreported liability can be merged in next month’s return with interest if any.
- Wrongly reported liability can be accommodated in the subsequent month(s) return or in case if it cannot be accommodated then a refund can be claimed.
Under-reporting of Input Tax Credit (ITC)
- Input Tax Credit (ITC) which was not reported but availed at the time of filing subsequent month(s) Return.
- Then in such a case, no action is needed to be taken in GSTR-1.
Over-reporting of Input Tax Credit (ITC)
- In a case, if the Input Tax Credit is overly reported then such over reported ITC can be paid back through cash or Reserves in subsequent month(s) return. This shall be noted that the payment will also include interest.
- In such a case, no action is required to be taken in GSTR-1.
Incorrect reporting of Input Tax Credit (ITC)
- In a case, if you have reported Input Tax Credit (ITC) incorrectly then you can make such amendment by paying through cash or Reserves in subsequent month(s) return.
- And If the Input Tax Credit (ITC) is under reported then the same can be claimed in subsequent month(s) return.
- In such a case, no action is required to be taken in GSTR-1.
