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GST3 Return Means

Sameer Sheikh (Accountant)     05 March 2021

Sameer Sheikh
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What is GST3
Is it auto populated
can we do correction
what are due dates
Complete information
CA Altamush Zafar

CA Altamush Zafar (GST Consultant)     05 March 2021

CA Altamush Zafar
GST Consultant 
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There is no form as GSTR3 as of date. In place of that we have GSTR-3B which is a summary return and it needs to be filled. Some figures are autopopulated but they can be changed.
Divyam Agarwal

Divyam Agarwal (Practicing Chartered Accountant)     05 March 2021

Divyam Agarwal
Practicing Chartered Accountant 
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No such GSTR 3 Return is operational as of today.
If talking about GSTR 3B, then it is a summary return mainly for payment which is mostly autopopulated these days.
Sales is being auto populated from GSTR 1 and purchases from GSTR 2A/2B.
You can do corrections in the auto populated figures.
Different due dates are there for different tyoes of taxpayers depending upon the turnover/state of registration/QRMP.

Currently the due date is 20th of the following month for taxpayers having turnover of more than 5 crores annually.

Message for more clarification.
Bhavika Kothari

Bhavika Kothari (CA)     12 March 2021

Bhavika Kothari
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GSTR-3B is a monthly return filed for paying the liability in cash or via credit. Yes it is auto-populated from sales shown in GSTR-1 and ITC available as per GSTR-2B. Yes you can do correction. But if your liability is reducing or ITC is increasing due to corrections then GSTN may ask you the reason for the same. Due date for GSTR-3B is 20th of subsequent month.


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