GST RETURN FILING MADE EASY VIA. SMS
Monthly GST return filing is mandatory for those set of business houses that are registered under the GST indirect tax regime. There are generally two modes of GST return filing viz.
- Online Method: Login to GST Portal and filing GST return
- Offline Method: Physically sending the document for verification to the department.
In recent times where most of the businesses are finding difficulty in GST return filing, online ITR filing, and to fulfil various other compliances to smoothly run their business.
So recently, Government of India in a significant move to help the taxpayers has come up with a new methodology of GST return filing via SMS. Business having no tax liability in the previous month but still has to file their monthly GST registered taxpayers will now be able to avail the facility of doing so via. SMS or text message.
What is GSTR-3B?
GSTR-3B is a consolidated summary of the inward & outward supplies which is to be filed by a registered dealer before the 20th of the subsequent month. It is a monthly GST return filing procedure and it is mandatory even if you have nil returns for that month. Some of the features of GSTR-3B are:
- For each GSTIN you have, a separate GSTR-3B must be filed.
- Must be filed before the 20th of the next month to avoid late fees.
- It cannot be revised.
WHO CAN FILE GSTR-3B WITH SMS/TEXT MESSAGING?
A GST registered taxpayer who fulfills all the below-mentioned conditions can avail the benefit of GST return filing via. SMS:
- No intention to tax ITC.
- No reverse charge liability.
- No outward supplies were made.
- No liability for any particular tax periods.
- Registered normal taxpayer/casual taxpayer/SEZ Unit.
- No data must be in saved stage, in online version of GSTR-3B.
- Must be an authorized signatory with registered number on GST Portal.
IS GSTR-3B RETURN FILING AS “NIL” MANDATORY?
It is mandatory for every GST registered taxpayer to file GSTR-3B. Every normal & casual taxpayer even if there is no business in a particular period has to file GSTR-3B.
So for that tax period, a “NIL” GSTR-3B can be filed if all other conditions are met.