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I want to know whether Table 5 - Exempt, nil & Non GST inward supplies of GSTR 3B compulsory to filled in FY 24-25.
Hey! Regarding Table 5 – Exempt, Nil & Non-GST inward supplies in GSTR-3B for FY 2024-25:
Yes, it is mandatory to report your inward supplies that are exempt, nil-rated, or non-GST in Table 5 of GSTR-3B.
The GST portal requires taxpayers to report these details to reconcile total inward supplies with outward supplies and ensure proper tax compliance.
Exempt supplies: Goods/services that attract zero GST rate.
Nil-rated supplies: Supplies on which GST rate is zero (e.g., some food items).
Non-GST supplies: Supplies outside the scope of GST (e.g., alcohol for human consumption).
Helps maintain clarity and transparency in your returns.
Avoids mismatches in the GST return reconciliation process.
The GST system may flag returns as incomplete if this table is not filled appropriately.
Even if you have no exempt/nil/non-GST inward supplies, it's good practice to enter zero or nil values to avoid any system errors.
The exempted inwar supply was missed while filling the 3B.What is the repurcation? Can this be corrected later on?
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