Are you a registered taxpayer who has opted and eligible for QRMP – Quarterly Return Monthly payment scheme under GST? If yes, here the procedure on how to file Quarterly GSTR-3BQ/GSTR-3B in QRMP, pay your taxes after adjusting the eligible ITC (Input tax credit) and Taxes paid under the QRMP scheme for the first two months of the quarter.
Step to file Quarterly GSTR-3BQ/GSTR-3B in QRMP
Login to your GST Dashboard and navigate to File Return, select the respective month and year for which you desired to file the return.
For Instance, if you are filing Quarterly GSTR-3BQ/GSTR-3B for the quarter ended 31st March of the respective financial year, select March and the respective financial year.
After selecting the desired tax period for filing the GSTR-3BQ/GSTR-3B, the GST system will show you the period of return.
For instance, if you have selected the period as of March for the respective financial year, the GST portal will show you the period of GSTR-3BQ/GSTR-3B as “January to March” along with the due date for filing the said return.
If you wish to file the NIL return for the respective quarter, you can select the option “Yes” in order to proceed with the Nil return filing.
It is a mandatory field for every taxpayer in order to proceed further, if you are not filing the NIL return, select “No” and proceed further.
As specified by the GST portal, the registered taxpayer can opt for filing the NIL return only if:
- The registered taxpayer has not made any outward supplies for the relevant tax period.
- They have not received any inward supplies
- There is no tax liability on the taxpayer for the relevant tax period.
On proceeding further, the GST portal will show you the system generated summary of GSTR-3B, wherein the following relevant details will be reflected as per the taxpayer:
|Details of GSTR-3B Table||3.1 (a, b,c,e), 3.2 Liability|
|3.1(d) Reverse Charge|
|4A (1,3,4,5), 4B(2) Input Tax Credit|
|Source From||GSTR-1 Quarterly|
|Form Status||Not Filed|
|Summary Status||Yes or No|
|Advisory||Whether the GST system has generated a summary of such table(s) or not GST system will generate the summary based on the consolidated details from the GSTR-2B of the relevant tax period.|
GSTR-3BQ/GSTR-3B form contains the following five table(s), the registered taxpayer will have to file the relevant table(s) for the selected tax period.
|Table 3.1 – Tax on outward and reverse charge Inward supplies|
|Table 3.2 – Inter-state supplies|
|Table 4 – Eligible ITC|
|Table 5 – Exempt, Nil and Non-GST Inward supplies|
|Table 5.1 – Interest and Late Fee|
GST portal has introduced some new features such as the system-generated summary of GSTR-3B based on the filed GSTR-1/IFF for the relevant tax period.
The system will generate the figures for Table 3.1(a), (b), (c), (e), and Table 3.2 from filed GSTR-1/IFF. Taxpayers can use the pre-filled data in order to file their GSTR-3B for the relevant tax period, though the option is available it is not mandatory to use that figures only, in case of variation exact figures are to be mention in the relevant GSTR-3BQ/GSTR-3B.
Table 3.1 – Tax on outward and reverse charge inward supplies
While entering figures in Table 3.1, if the registered taxpayer wishes to file the refund of IGST paid on export of goods then there are certain things that need to be considered before filing GSTR-3B for the relevant tax period.
- If any IGST amount has been paid by the taxpayer in relation to the export of goods/services made outside India or in relation to SEZ transaction, then the details of such invoices are to be entered in Table 3.1(b) instead of Table 3.1(a) or 3.1(c).
- The amount of IGST filed in relevant GSTR-3B should be equal to or more than the total IGST amount shown to have been paid under Table 6A (Exports)/ 6B (SEZ) of GSTR-1.
In order to successfully process the refund amount, the IGST amount should be correctly mentioned and paid via Table 3.1(b) of GSTR-3B of the relevant tax period.
Table 3.1 includes details of:
|(a) Outward taxable supplies (other than zero rated, nil rated, and exempted)|
|(b) Outward taxable supplies (zero rated)|
|(c) Other outward supplies (Nil rated, exempted)|
|(d) Inward supplies (liable to reverse charge)|
|(e.) Non-GST outward supplies|
Table 3.2 will require the state-wise bifurcation of the supplies made during the relevant tax period. Under the QRMP scheme, the amount mentioned under the GSTR-3B will be a cumulative amount of 3 months covering under the tax period.
Besides mentioning the inter-state supplies, Table 3.2 also includes details of supplies made to composition taxable persons and supplies made to UIN holders.
Table 4 – Eligible ITC
Under ITC available, the taxpayer will have to provide the details of credit on inward supplies made during the relevant tax period that includes Imports of goods, import of services, inward supplies that attract a reverse charge, credit received from ISD (Input service distributor), and any other credit
ITC Reverse: In cases where it is applicable, the taxpayer should made reversal of ITC claimed as per applicable rules.
Ineligible ITC: It should be reported here.
Table 5: Value of Exempted, Nil rated, and Non-GST Inward supplies made under Inter-state or Intra-state.
After entering all the relevant details of the respective table, proceed with the payment.
If the taxpayer wishes to pay interest for the relevant tax period, they need to select the check box as shown in the image.
The interest amount needs to be paid in cash which is in addition to the tax liability. GSTR-3B can be filed by the registered taxpayer only after making the complete payment of relevant taxes and interest as shown in the return.
GST system will auto-calculate the amount of tax payable if required after adjusting the credit of ITC available and tax paid in the first two months of the relevant quarter.
This auto-generated information will only be available to the taxpayer’s portal for 2 days, thereafter the suggested utilization will expire and it will revert back to the originally suggested utilization.
“Payment made in Quarter” – Taxpayers can recheck their previous tax payment (if any) made in the previous months of the relevant quarter.
GST Challan can be created while selecting the “Create challan” or by selecting the “Make payment/ Post credit to ledger”.
In case of insufficient balance available to discharge the tax liability, GST challan will be created with the expiry date that needs to be payoff before the due date for filing of such return.
The date of expiry may exceed the due date for filing the return, but the taxes need to be paid well in time i.e., before the due date of filing such return.
Where there is no tax payable for the selected tax period i.e. Electronic credit ledger and Electronic cash balance is enough to discharge the current tax period liability, the taxpayer can select “Make Payment/ Post Credit to Ledger” in order to proceed further to file the return.
Finally, the taxpayer has to confirm declaration regarding the truthfulness and correctness of the data entered by them and the authorized signatory has to sign such return via EVC option or through DSC.
On successful submission of GSTR-3B, the Acknowledgment Reference number will be generated for the selected tax period.