Rated 4.9/5 by 100's of happy customers
GSTR-3B is a summarised form of return wherein the details of sales, purchases and input tax credit claims need to be shown. GSTR-1 contains the details of all the outward supplies. This return basically shows all the sales transactions of a business.
Have a Question? Request a Call back: +91-7011 808 002
Get Started 👉
GSTR-3B is a mandatory return for all the registered suppliers under GST. It has to be filed monthly in the form of a self-declaration. It is a summarised form of return wherein the details of sales, purchases and input tax credit claims need to be shown. The GST liability arising therein from the sales made after availing credit on purchases needs to computer and paid off while filing this return.
For monthly GSTR-1 returns: 11th of the month following the month to which supply relates.
For quarterly GSTR-1 returns: Due date for the first quarter comes out to last date of the month next to the quarter to which the supply relates.
GSTR-1 is a monthly or quarterly return that needs to be filed by every registered dealer. It contains the details of all the outward supplies. This return basically shows all the sales transactions of a business.
Businesses up to INR 1.5 crores of annual turnover can file quarterly returns of GSTR-1. Businesses whose turnover exceeds this limit are required to file monthly returns of GSTR-1.
If you don’t file any GST return then subsequent returns cannot be filed. Further, the late filing of GSTR attracts late fee and interest.
Due date of filing GSTR-3B is 20th of the month next to the month to which supply relates.
"Join 10,00+ Entrepreneurs benefiting from Startup Movers'expertise"
Every business registered under GST needs to file both GSTR-1 and GSTR-3B.
Filing GST Returns is one of the compliances under the Indirect Tax Laws. Moreover, both the returns are mandatory for the suppliers despite the fact that they have NIL transactions. Late filing or non-filing of these returns may attract heavy penalties on the suppliers. The late fee is INR 50 per day and for NIL returns it is INR 20 per day.
Interest @18% per annum is payable on the amount of outstanding tax to be paid.
Login Credentials of GST Portal
Details of inward supplies
Details of outward supplies
Copy of Invoices
Details of tax paid under RCM
Discover why businesses love working with Startup Movers!
Really happy with the professional way in which the work has been done (y). Worked with other CA’s previously, Startup movers were the best one- whom we worked with
Excellent service at affordable prices. They are very punctual and work really hard to get the job done.
These guys are really good particularly their secretarial part. Very professional very prompt.
Excellent!!…. Excellent!..
Startup Movers helped us with our
company incorporation & re-correction was done quickly and everything that goes with it has done
good.
The best part about working with StartUp Movers is that they understand the DNA of a startup very well, and are flexible in their approach. This makes them very compatible partners for any start-up.
I have had great experience with Shivani. Right now the only structured department in my organisation is Finance, grateful to the team of startup movers.
These guys are very professional and perfect in their areas of expertise. They know their customers’ pain point very well. From company registration to compliances, they have delivered the best. For an early stage startup, these guys act as a “Virtual CFO”.
Working with the Startup Movers team has been extremely great in all aspects. These guys are the best at the best affordable prices in the market.
We wanted to setup employee benefit plans such as ESOP for our startup and startup movers team were the perfect fit to do those policy drafting and helping with the correct statutory filing. They have framed the policy as a perfect fit for our requirement and in very timely manner.
Since the start of my entrepreneurship journey, Start-up Movers have been managing our Secretarial Compliance (including fundraising compliances), and financial compliance (such as GST, TDS, PF/ ESI, PT) The team has been phenomenal. They are well-versed with all MCA rules and regulations.
10 +
Years of Experience
3000 +
Startups Served
80 +
Team of Experts
3 +
Unicorns Produced
Everything you need to know about the product and billing.
GSTR-3B is mandatory to be filed by all normal and casual taxpayers, even if there is no business in the particular tax period.
© 2024 Startup Movers Private Limited. All rights reserved. | Designed By : The Night Marketer
