GSTR3 GSTR-3 another return required to be filed under GST regime. Let us have a look on its basic requirements and features. Who is required to file GSTR-3: GSTR-3 to be filed by regular/Normal Taxpayer including casual and Non resident(Indian) taxpayer but excluding the compounding taxpayers/
GSTR3
GSTR-3 another return required to be filed under GST regime. Let us have a look on its basic requirements and features.
Who is required to file GSTR-3: GSTR-3 to be filed by regular/Normal Taxpayer including casual and Non resident(Indian) taxpayer but excluding the compounding taxpayers/ ISD
Due date for filing of GSTR-3: GSTR-3 is required to be filed by the 20th of Next month
For: Reconciliation of GSTR-1 & 2
Information to be provided:
GSTIN
Name
Address
period
turnover details
Outward Supplies
Inter-state supplies to Registered taxpayers: Auto populated from GSTR-1
Intra-state supplies to Registered taxpayers: Auto populated from GSTR-1
Inter-State Supplies to Consumers : Auto populated from GSTR-1
Intra-State Supplies to Consumers : Auto populated from GSTR-1
Exports (including deemed exports) : Auto populated from GSTR-1
Revision of supply invoices pertaining to previous tax period (including post sales
discounts or any clerical/other errors) : Auto populated from GSTR-1
Total tax liability on outward supplies : Auto populated from tables above
Inward Supplies:
Inter-State supplies received :Auto Populated from GSTR-2
Intra-State supplies received :Auto Populated from GSTR-2
Imports :Auto Populated from GSTR-2
Revision of purchase invoices pertaining to previous tax period (including post sales discounts
received or any clerical / other errors :Auto Populated from GSTR-2
Total Tax liability on inward supplies on reverse charge
Total Tax liability for the month (Table 6.7 plus Table 7.5 of this Return)
TDS credit received during the month ( Auto-populated from GSTR-2)
Tax, fine and penalty paid (auto-populated from cash and ITC ledger)
Refunds claim of excess ITC in specified cases and excess tax paid earlier
TAX Liability Ledger (Auto populated in real time)
CASH LEDGER (updated on real time)
ITC LEDGER (updated on real time)
GSTR3
