GSTR-3: Who is required to file GSTR-3, Format and information to be provided

GSTR3

GSTR-3 another return required to be filed under GST regime. Let us have a look on its basic requirements and features.

1. 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
2. Due date for filing of GSTR-3: GSTR-3 is required to be filed by the 20th of Next month
3. For: Reconciliation of GSTR-1 & 2
4. 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