Understanding GSTR-3B

GSTR-3B is an essential monthly return that regular GST taxpayers must file. This return summarizes monthly sales, purchases, and tax liabilities. While filing GSTR-3B may seem daunting, using Clear GST Software can make the process straightforward and efficient.

Follow this guide to file your GSTR-3B in a few easy steps, ensuring compliance and accuracy in your GST submissions.

The Two Filing Modes

Clear GST Software provides two modes for preparing your GSTR-3B:

1. Summary Mode

This mode is ideal for users without detailed invoice-level data, allowing for quick preparation of GSTR-3B summaries. Here’s how to proceed:

1. Log In: Begin by logging into your Clear GST account and selecting the business entity for which you’re filing.
2. Access Returns: Go to the ‘GST RETURNS’ section and select ‘GSTR-3B’. Choose ‘Summary Mode’.
3. Enter Data: You can either manually enter data or import it from accounting software like Tally or Busy. Select the relevant month for filing.
4. Input Summary Data: Click on ‘Enter Summary Data’ to input your figures. Some fields may be locked based on the type of supply. For assistance, click ‘Explain this’ next to each item or refer to our detailed guide on GSTR-3B.
5. Review and Save: After entering all necessary details, save your data. A summary will display for your review, allowing edits if needed.
6. Upload: Click on ‘UPLOAD TO GSTN’ to transfer your GSTR-3B to the GST Portal. Before submitting, review your tax summary and challan details.
7. Calculate Tax Liability: The software auto-calculates your GST Payment Liability. Ensure you make the payment on the GST Portal, and perform the “Offset Liability” task afterward.
8. Submit: Finally, submit your return on the GST Portal to complete the filing process.

2. Invoice Import Mode

Select this mode if you have existing sales and purchase invoices or are importing from another accounting system. The steps are as follows:

1. Select Filing Mode: Click on ‘Invoice Import Mode’ to begin.
2. Import Invoices: Import sales and purchase invoices. For bulk imports, use the ‘Upload Excel’ feature. If importing from Tally, ensure you use the Clear Tally Patch.
3. Dashboard Overview: After importing, your dashboard will show:
   • Total invoices uploaded
   • Any failed uploads (highlighted in red for correction)
   • Successfully uploaded invoices
4. Correct Errors: If there are errors, click on the highlighted fields to make corrections and then click ‘Revalidate’.
5. View Data: Access ‘Sales Data’ and ‘Purchase Data’ sections to manage your invoices.
6. Claim ITC: Once all invoices are uploaded, you can claim Input Tax Credit (ITC) by selecting eligible purchase invoices and categorizing each item.
7. Autofill GSTR-3B: After verifying all entries, click ‘Autofill Now’ to populate your GSTR-3B with the imported data.

By adhering to these structured steps, filing GSTR-3B using Clear GST Software becomes a simple and efficient task. Regularly check for updates and guidelines to maintain compliance and accuracy in your tax filings.