Details about GSTR 3

Posted on 20 April 2023 Category : GST

Monthly Statement of Inward supplies of Goods or Services, GSTR 3

At the point when to record GSTR 3? What are the substances in GSTR 3? How does GSTR 3 function? What is GSTR 3? Who needs to record GSTR 3?

What is GSTR 3?

GSTR 3 is monthly Statement of Inward supplies of Goods or Services under GST. GSTR-3 catches the total level outward and internal supply data which will be auto populated through GSTR 1 and GSTR 2.

GSTR-3 is a sort of GST restore that must be documented by customary citizens on the twentieth of consistently. GSTR-3 documenting can be made on the GST Common Portal in the wake of recording GSTR-1 and GSTR-2 for the month. On the off chance that GSTR-1 return is not recorded, at that point GSTR-2 return can't be documented. Consequently, all normal citizens must document GST returns routinely consistently beginning with GSTR-1 recording, trailed by GSTR-2 and GSTR-3 return documenting. In this article, we take a gander at GSTR-3 return recording in detail.

This is a solidified return. It should be recorded by the twentieth of consistently. It merges the accompanying subtle elements like Outward Supplies (Auto-Populated from GSTR-1), Inward Supplies (Auto-Populated from GSTR-2), ITC benefited, Tax Payable and Tax Paid (Using both Cash and ITC)

When to file GSTR 3?

GSTR 3 has to be filed on 20th of the next month for previous period

Who has to file GSTR 3?

A GST registered person has to file GSTR 3.

The details about GSTR 3is explained above. If you would like to add more information about GSTR 3, comment below:

Click here to know GST exemption list of goods or service|

GST rate payable for goods or service, click here

A complete guide for enrolling GST common portal for registration in India

Find HSN number or Service tariff code for GST

GST registration guidelines

Indian GST Laws

How to export your goods?