how to file gstr-3b report on Munim GST Return Filing Software?

GSTR-3B is a summary return that taxpayers are required to file regularly, providing details of sales, Input Tax Credit (ITC) claims, tax liabilities, refunds, and more, recorded under their GSTIN. This article offers a detailed overview of GSTR-3B and its relevance. Munim delivers a complete solution for GSTR-3B filing, ITC reconciliation, and maximizing ITC claims. Read on to learn more about GSTR-3B and its filing process.

What is GSTR 3B?

GSTR-3B is a monthly self-declaration return under the Goods and Services Tax (GST) regime in India. It is used by taxpayers to summarize the total outward and inward supplies, and the tax liabilities for the month, along with claiming Input Tax Credit (ITC) and making tax payments.

How to File Form GSTR-3B?

Select “GSTR-3B” from the Return menu of the My Company page.

You have been redirected to the Summary Data page, where you can view your data. If the data has been added or downloaded from the GSTIN portal, it will be displayed; otherwise, all table values will show as 0.

When filing GSTR-3B, there are two ways to add your data.

(i) Download your data through the portal, review all the tables, and compare them with your own records.Download your data from the portal, review each table, and compare them with your own records, going through each table in detail.

(ii) Accurately add all your data to the corresponding tables, and after entering the data, verify that everything is correct. After manually entering your available data into the respective tables, save the data.

After entering all your data, if you need to pay tax, generate a challan and complete the payment. If sufficient credit is available for tax payment, proceed directly to the final step of filing.

After paying the challan, proceed to the final step of filing, where you have two options to upload your data to the portal: with OTP or without OTP. Once the data is uploaded, you can submit it to complete the filing of GSTR-3B.