Include the taxable value of all inter-State and intra-State B2B as well as B2C supplies made during the tax period. Reporting should be net off debit/credit notes and amendments of amounts pertaining to earlier tax periods, if any.
Value of Taxable Supplies = (Value of invoices) + (Value of Debit Notes) – (Value of Credit Notes) + (Value of advances received for which invoices have not been issued in the same Month) – (Value of advances adjusted against invoices).
Integrated Tax, Central Tax, State/UT Tax and Cess: Only Tax amount should be entered against respective head. Please ensure you declare a tax amount IGST and/or CGST and SGST along with Cess applicable, if any.
Mention Export Supplies made including supplies to SEZ/SEZ developers. Total taxable value should include supplies on which tax has been charged as well as supplies made against bond or letter of undertaking.
Integrated Tax and Cess should include amount of tax, if paid, on the supplies made.
Here include all outward supplies which are not liable to tax either because they are nil rated or exempt through notification. It should not include export supplies or supplies made to SEZ developers or units declared in 3.1(b) above.
Include inward supplies which are subject to reverse charge mechanism. This also includes supplies received from unregistered persons on which tax is liable to be paid by recipient.
Amount in Total taxable value should include aggregate of value of all the supplies which are not chargeable under GST Act e.g. petroleum products.
Out of supplies shown in earlier Table (3.1), declare the details of inter-State supplies made to unregistered persons, composition taxable persons and UIN holders in the respective sub-sections along with the place of supply.
The details mentioned in this Table will not be considered in computation of output liability.
Please ensure the details of inter-State sales declared here is part of the declaration in Table 3.1 above and it doesn’t exceed the amount declared over there.
(A) ITC Available (whether in full or part)
Declare here the details of credit being claimed on inward supplies made during the tax period, further categorized into:
B) ITC reversed
Any reversal of ITC claimed as per applicable rules will be declared in this section and the same will be reduced from the credit as per (A) above.
C) Net ITC Available (A-B)
This section will be auto calculated by the system considering the values provided in A&B (ITC available & ITC reversed)
D) Ineligible ITC
ITC which is not eligible needs to be declared here. Please ensure it is not availed or reversed in A & B above.
Exempt, nil and Non GST inward supplies
Declare the values of inward supplies with respect to the following, in this section:
The above values have to be declared separately for Intra-State and Inter-State supplies.
Interest is payable on the delayed payment of taxes after the last date as well as for invoices/ debit notes declared in current tax period belonging to earlier tax period.
The self-calculated interest liability needs to be declared by the taxpayer in this field.
Interest for both reverse charge as well as for forward charge related liabilities needs to be declared here.
Late fee is auto calculated by the system based on the date of filing and the due date for the return. There is no late fees payable for IGST and CESS and hence the same has been disabled.
Payment of tax
The following help topics should be kept in mind for off-setting the liabilities in GSTR-3B:
a. The offset liability function is available only once for use in a tax period. There is no facility of setting off liabilities in part.
b. Offset liability is successful only if the offset criteria is met and complete liabilities are offered for set off in the payment section.
c. No offset can be done more than the liabilities payable as per the declaration in table 3.1
d. Payment of the following can be done only through cash and not through credit
e. ITC can be utilized in the following manner as per following prioritization for payment of tax liability other than reverse charge liability.
7. TDS/TCS Credit
Amount of credit received through TDS/TCS need to be declared here and the same is credited to the cash ledger of the tax payer.