The GST Council has relaxed filing rules for the first two months post implementation. Here's how to file your returns for these months using form GSTR 3B. To know more about GSTR 3B, visit our page https://cleartax.in/s/gstr-3b
GST is a vast subject. Some feel that the goods rates have increased whereas some feel its reduced & some are confused thinking that how are they benefited from the implementation of GST
Overview of Returns in GST, steps to file returns in GST India, Number of returns in GST, Due date for filing returns in GST India, Late Filing Fee in GST, Procedure to File Returns in GST etc.
GST returns types, applicability of returns with due date to different assessees, CGST, IGST, SGST, Returns for regular Dealer, Composition Dealer, Annual return,Monthly return, Quarterly Return
The following Presentation enumerates the various provisions w.r.t. ITC, how it can be used,eligibilty and conditions for claiming ITC along with various case studies and illustrations. further, it elaborates the concept of input service distributor.
OBJECTIVE
Goods and Services Tax (GST) is an Indirect Tax levied in India introduced in July, 2017 which was one of the most important reforms in the Indian Economy. Unlike erstwhile indirect tax regime, GST promises seamless credit on goods and services across the entire supply chain with some exceptions. In this webinar, we shall understand and analyse the provisions related to Input Tax Credit under the GST law
GST is a vast subject. Some feel that the goods rates have increased whereas some feel its reduced & some are confused thinking that how are they benefited from the implementation of GST
Overview of Returns in GST, steps to file returns in GST India, Number of returns in GST, Due date for filing returns in GST India, Late Filing Fee in GST, Procedure to File Returns in GST etc.
GST returns types, applicability of returns with due date to different assessees, CGST, IGST, SGST, Returns for regular Dealer, Composition Dealer, Annual return,Monthly return, Quarterly Return
The following Presentation enumerates the various provisions w.r.t. ITC, how it can be used,eligibilty and conditions for claiming ITC along with various case studies and illustrations. further, it elaborates the concept of input service distributor.
OBJECTIVE
Goods and Services Tax (GST) is an Indirect Tax levied in India introduced in July, 2017 which was one of the most important reforms in the Indian Economy. Unlike erstwhile indirect tax regime, GST promises seamless credit on goods and services across the entire supply chain with some exceptions. In this webinar, we shall understand and analyse the provisions related to Input Tax Credit under the GST law
If you have any Query you can contact Us
Mail id:- ca.sanjiv.nanda@gmail.com
Youtube Channel :- https://www.youtube.com/channel/UCmmx2GFXeoF-DNtNjwnpYJA
Website :- http://www.sanjivnanda.com/
Facebook link :- https://www.facebook.com/ca.sanjivnanda919/
Twitter :- https://twitter.com/
One of the fundamental features of GST is the seamless flow of input credit across the chain and across the country for supply of Goods or Services. Know more about ITC under GST at https://cleartax.in/s/gst-input-tax-credit/
The PPT about GSTR-1 , How to filling GSTRR-1 Step by Step all Details here by CA Sanjiv Nanda. .
Mostly people is confused how to file GSTR-1 so this PPT help That people .
OBJECTIVE
Goods and Services Tax (GST) is the Indirect Tax levied in India introduced in July 2017 which was one of the most important reforms in the Indian Economy. There are various periodic compliance requirements and filings under GST. In this webinar, we shall analyse and understand the forms GSTR-1 and GSTR-3B.
this presentation consists of the information abou TDS ans TCS and their implications under GST. It also includes the differnce between both the terms.
Transition to GST could be a cumbersome process if preparations are not started immediately. VAT/Service tax taxpayers should complete the GST migration. Know more about GST Transitional Provision at https://cleartax.in/s/transition-to-gst/
Concept & Nature of supply under GST LawArpit Verma
Chapter III of Central Goods and Services Tax Act, 2017 & Integrated Goods and Services Tax Act, 2017 contains the provision of levy and collection of GST.
The expression “Supply” is defined under section 7(1) of Central Goods and Services Tax Act, 2017.
There is no such proposition in the existing laws as the concept of supply is unique to our tax system and considered as a ‘taxable event’ for the first time in indirect tax regime.
Read My Full Article on Concept & Nature of Supply Under GST.
OBJECTIVE
Under GST, the supplier of goods or services is liable to pay the tax to the Government. However, under the reverse charge mechanism (RCM), the liability to pay GST is cast on the recipient of the goods or services. Reverse charge means the liability to pay tax is on the recipient of supply of goods or services instead of the supplier of such goods or services in respect of notified categories of supply. In this webinar, we shall understand the applicability and provisions of RCM under GST.
If you have any Query you can contact Us
Mail id:- ca.sanjiv.nanda@gmail.com
Youtube Channel :- https://www.youtube.com/channel/UCmmx2GFXeoF-DNtNjwnpYJA
Website :- http://www.sanjivnanda.com/
Facebook link :- https://www.facebook.com/ca.sanjivnanda919/
Twitter :- https://twitter.com/
The following presentation enumerates E-way Bill -jurisprudence, the constitutional validity of E-Way bill, governing sections, modes of e-way bill generation, registration, validity, verification, offenses, and penalties. It also states about grievance redressal and documents to be carried during movement.
If you have any Query you can contact Us
Mail id:- ca.sanjiv.nanda@gmail.com
Youtube Channel :- https://www.youtube.com/channel/UCmmx2GFXeoF-DNtNjwnpYJA
Website :- http://www.sanjivnanda.com/
Facebook link :- https://www.facebook.com/ca.sanjivnanda919/
Twitter :- https://twitter.com/
One of the fundamental features of GST is the seamless flow of input credit across the chain and across the country for supply of Goods or Services. Know more about ITC under GST at https://cleartax.in/s/gst-input-tax-credit/
The PPT about GSTR-1 , How to filling GSTRR-1 Step by Step all Details here by CA Sanjiv Nanda. .
Mostly people is confused how to file GSTR-1 so this PPT help That people .
OBJECTIVE
Goods and Services Tax (GST) is the Indirect Tax levied in India introduced in July 2017 which was one of the most important reforms in the Indian Economy. There are various periodic compliance requirements and filings under GST. In this webinar, we shall analyse and understand the forms GSTR-1 and GSTR-3B.
this presentation consists of the information abou TDS ans TCS and their implications under GST. It also includes the differnce between both the terms.
Transition to GST could be a cumbersome process if preparations are not started immediately. VAT/Service tax taxpayers should complete the GST migration. Know more about GST Transitional Provision at https://cleartax.in/s/transition-to-gst/
Concept & Nature of supply under GST LawArpit Verma
Chapter III of Central Goods and Services Tax Act, 2017 & Integrated Goods and Services Tax Act, 2017 contains the provision of levy and collection of GST.
The expression “Supply” is defined under section 7(1) of Central Goods and Services Tax Act, 2017.
There is no such proposition in the existing laws as the concept of supply is unique to our tax system and considered as a ‘taxable event’ for the first time in indirect tax regime.
Read My Full Article on Concept & Nature of Supply Under GST.
OBJECTIVE
Under GST, the supplier of goods or services is liable to pay the tax to the Government. However, under the reverse charge mechanism (RCM), the liability to pay GST is cast on the recipient of the goods or services. Reverse charge means the liability to pay tax is on the recipient of supply of goods or services instead of the supplier of such goods or services in respect of notified categories of supply. In this webinar, we shall understand the applicability and provisions of RCM under GST.
If you have any Query you can contact Us
Mail id:- ca.sanjiv.nanda@gmail.com
Youtube Channel :- https://www.youtube.com/channel/UCmmx2GFXeoF-DNtNjwnpYJA
Website :- http://www.sanjivnanda.com/
Facebook link :- https://www.facebook.com/ca.sanjivnanda919/
Twitter :- https://twitter.com/
The following presentation enumerates E-way Bill -jurisprudence, the constitutional validity of E-Way bill, governing sections, modes of e-way bill generation, registration, validity, verification, offenses, and penalties. It also states about grievance redressal and documents to be carried during movement.
The law has been passed in order to protect the women from sexual harassment and help her have a safe working environment.
The ACT is meant to save women only unlike in other countries where they have sexual harassment ACT to protect all. We think a lot of improvements need to be taken care in the act. It is more like the beta version.
The Act puts additional burden on the employer. Non compliance of the act shall attract monetary penalty and might even lead to closure of business.
Do read the our views slide on the last page.
The Sexual Harassment of Women at Workplace Act, 2013Mayur D. Chauhan
It gives a gist of all the things that come into picture when it comes to women safety.
By - Advocate Rajendra P. Parkar
Assisted By - Mayur D. Chauhan
Download tally patch to export data from Tally & file return on ClearTax GST Software. Your all Tally ERP 9 Solutions can be integrated with ClearTax GST.
We’ve assisted over 1000 enterprises like yours, save time and money with our award-winning GST Solution. Teams at Titan, Sun Pharma, Bosch, JKTyre, Puma, 3M, SBI Cards, BookyMyShow, Titan, DLF, Fujitsu, Bisleri, Manipal Hospitals, Treebo, Viacom 18 Media Pvt. Ltd. and more are already using ClearTax GST - The fastest and smartest way to file GST for your company.
Apart from our core strength that helps you automate your business for growth, Tally is dedicated to walking the GST journey with you. Keeping in mind all the laws, the rules, and the intricacies that GST brings, you need a system that can ensure your business complies the way you need it to!
For the last 3 decades, Tally has continuously helped businesses achieve automation to fuel business growth. With GST being a technology-driven tax regime, Tally is already at the forefront to help business manage their compliance in the simplest possible way.
With the GST-ready product, Tally brings you unmatched simplicity and ease of use as you transition from the current taxation to the new world of GST.
Learn how Tally can help you get started on your GST journey in a few easy steps. As the GST technologies and rules mature, Tally will continue to stand by you and provide software updates to make compliance faster and easier.
GST CAAT is an add in software to MS Excel which facilitates Automated Matching of GST Sales/Purchases from GST Portal with corresponding Sales/Purchases from Tally/Other SWTo Identify Matches or Mis-Matches and enable faster reconciliation and rectification.
With GST ready to be rolled out soon in the new year, it's time companies gear-up to be tax compliant and bring about the applicable changes in their supply chain and business structure. BatchMaster is all set with its GST add-on that can help you transit and comply seamlessly with the upcoming GST.
With GST ready to be rolled out soon in the new year, it's time companies gear-up to be tax compliant and bring about the applicable changes in their supply chain and business structure. BatchMaster is all set with its GST add-on that can help you transit and comply seamlessly with the upcoming GST.
The Goods and Services Tax (GST) is introduced to bring a single unified tax regime for India, which will consolidate many different taxes into a single tax regime.
The intention is to bring predictability and lower operating costs for businesses because the GST will reduce the overall tax burden by reducing the impacts of cascading taxes and allow the cross-utilization of tax credits across the supply chain.
All the enterprises must gear up for a smooth deployment of GST related changes in their application landscape. Without proper technical and application environment, GST compliance will be impossible.
Customer challenges
Organizations do not necessarily have in-house expertise to cope up with the deployment and management of changes related to GST. As the government tries to streamline the process, periodic changes and report requirements (GSTR1, GSTR2, e-Way Bill, e-Invoicing etc.) are generated.
SAP is regularly delivering various notes and patches to support the technical architecture for addressing these requirements.
However, extracting the accurate data from the SAP system and then integrating it to the GSTN Portal (either with our without the help of GSP/ASP) is a huge challenge requiring substantial efforts.
Key Steps and Issues in filing GSTR 3B, GSTR 1 and TRAN 1 presented by Shashi Bhushan Singh VP, GSTN - Shared by GST Seva Kendra, Tiruchirapalli GST Commissionerate
Get an overview of GST in India. Know the basic definition of GST, taxes subsumed under it and how it basically works in India. Know the significance of GST tool.
GSTR-3B: Filing, Rules, and Reconciliations | Academy Tax4wealthAcademy Tax4wealth
GSTR-3B is a monthly summary return form under the GST. GSTR-3B serves as a summary statement of a taxpayer & outward supplies, inward supplies are liable to reverse charge, input tax credit claimed, and tax liability for a particular tax period.
For more information, visit us at:-
https://academy.tax4wealth.com/blog/e-invoicing
GST REGISTRATION
Pre 1st July 2017, a manufacturer, trader, retailer or any other business was filing returns in respect of various compliances – Excise, VAT, Service Tax, Sales Tax, Income Tax etc. with separate returns for each of them. A continuous process of filing returns – monthly, quarterly, half-yearly and yearly existed and businesses were kept occupied throughout the year by filing one or the other return.
Resume
• Real GDP growth slowed down due to problems with access to electricity caused by the destruction of manoeuvrable electricity generation by Russian drones and missiles.
• Exports and imports continued growing due to better logistics through the Ukrainian sea corridor and road. Polish farmers and drivers stopped blocking borders at the end of April.
• In April, both the Tax and Customs Services over-executed the revenue plan. Moreover, the NBU transferred twice the planned profit to the budget.
• The European side approved the Ukraine Plan, which the government adopted to determine indicators for the Ukraine Facility. That approval will allow Ukraine to receive a EUR 1.9 bn loan from the EU in May. At the same time, the EU provided Ukraine with a EUR 1.5 bn loan in April, as the government fulfilled five indicators under the Ukraine Plan.
• The USA has finally approved an aid package for Ukraine, which includes USD 7.8 bn of budget support; however, the conditions and timing of the assistance are still unknown.
• As in March, annual consumer inflation amounted to 3.2% yoy in April.
• At the April monetary policy meeting, the NBU again reduced the key policy rate from 14.5% to 13.5% per annum.
• Over the past four weeks, the hryvnia exchange rate has stabilized in the UAH 39-40 per USD range.
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
NO1 Uk Divorce problem uk all amil baba in karachi,lahore,pakistan talaq ka m...Amil Baba Dawood bangali
Contact with Dawood Bhai Just call on +92322-6382012 and we'll help you. We'll solve all your problems within 12 to 24 hours and with 101% guarantee and with astrology systematic. If you want to take any personal or professional advice then also you can call us on +92322-6382012 , ONLINE LOVE PROBLEM & Other all types of Daily Life Problem's.Then CALL or WHATSAPP us on +92322-6382012 and Get all these problems solutions here by Amil Baba DAWOOD BANGALI
#vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore#blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #blackmagicforlove #blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #Amilbabainuk #amilbabainspain #amilbabaindubai #Amilbabainnorway #amilbabainkrachi #amilbabainlahore #amilbabaingujranwalan #amilbabainislamabad
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
NO1 Uk Black Magic Specialist Expert In Sahiwal, Okara, Hafizabad, Mandi Bah...Amil Baba Dawood bangali
Contact with Dawood Bhai Just call on +92322-6382012 and we'll help you. We'll solve all your problems within 12 to 24 hours and with 101% guarantee and with astrology systematic. If you want to take any personal or professional advice then also you can call us on +92322-6382012 , ONLINE LOVE PROBLEM & Other all types of Daily Life Problem's.Then CALL or WHATSAPP us on +92322-6382012 and Get all these problems solutions here by Amil Baba DAWOOD BANGALI
#vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore#blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #blackmagicforlove #blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #Amilbabainuk #amilbabainspain #amilbabaindubai #Amilbabainnorway #amilbabainkrachi #amilbabainlahore #amilbabaingujranwalan #amilbabainislamabad
NO1 Uk Black Magic Specialist Expert In Sahiwal, Okara, Hafizabad, Mandi Bah...
GSTR 3B Guide - ClearTax
1. ClearTax GST www.cleartax.com/GST gstsupport@cleartax.in 080-67458707
What is GSTR-3B
How to prepare GSTR-3B using
Excel Templates & ClearTax GST
How to file GSTR-3B Return
on GSTN portal
Definition & Explanation of terms used in
GSTR-3B Form
Guide to GSTR-3B
PREPARE GSTR-3B NOW
2. ClearTax GST www.cleartax.com/GST gstsupport@cleartax.in 080-67458707
What is GSTR 3B
● Summary of inward and outward supplies
● Eligible ITC Claim and Net Taxes payable
● Due dates for Form-3B:
○ For Transactions in July 2017 — Due Date: 20th August 2017
○ For Transactions in August 2017 — Due Date: 20th September 2017
● You do not have to provide invoice level information in this form
● For every nature of supply, provide only total value of
○ Taxable Value
○ IGST, CGST, SGST, UTGST
3. ClearTax GST www.cleartax.com/GST gstsupport@cleartax.in 080-67458707
Who needs to file GSTR 3B
● Every person registered under GST
● For each GSTIN, separate GSTR 3B to be filed
● NIL GSTR 3B must be filed, if there is no transaction during the month
● However, the following registrants do not have to file GSTR-3B
● Input Service Distributors
● Composition Taxable Person
● Suppliers of online information and database access or retrieval services
(OIDAR), who have to pay tax themselves
● Non-resident taxable person
4. ClearTax GST www.cleartax.com/GST gstsupport@cleartax.in 080-67458707
Why is it important to file GSTR 3B?
● Not filing GSTR-3B may invite penalty of 18% per annum
● It is required for preparation of filing further GST returns.
● Same data can be used to file GSTR1.
● For July, GSTR1 needs to be filed in September
5. ClearTax GST www.cleartax.com/GST gstsupport@cleartax.in 080-67458707
Why should you prepare GSTR 3B at Cleartax?
● ClearTax help you prepare accurate and error-free GST Returns with its validation engine- which
identifies and highlights the error
● ClearTax automatically calculates final values to be filled in GSTR-3B; saving your time, manual
effort and avoiding any manual error
● If you are doing invoicing using Cleartax, then you are just 3 clicks away to prepare your final GSTR-
3B. We sincerely suggest you to use Cleartax GST for billing, since future return filling will be done in
similar manner. For rest, we have a simple process through standard excel imports.
● ClearTax provides step by step guide and explain this link for every section in GSTR 3B Form.
Since, GSTR 3b is implemented first time, this is extremely important to fill accurate returns
● Reduce your future efforts- You can file GSTR1 with the same data in ClearTax GST. For July you
have to file GSTR1 in September
● It’s FREE
6. ClearTax GST www.cleartax.com/GST gstsupport@cleartax.in 080-67458707
Important for CAs & Tax Consultants:
Easily file GSTR-3B for multiple clients
● Deadline for filing July 2017 GSTR-3B is 20th August
● If you need to file GSTR-3B for multiple clients, you should get the data from
them and upload into ClearTax before the 20th
● To make this process easier, we have provided a zip file containing Excel
Files and directions you can share with your clients
Download All Excel Templates &
Share with Clients
7. ClearTax GST www.cleartax.com/GST gstsupport@cleartax.in 080-67458707
Summary of How to file GSTR-3B
● If you create invoices on ClearTax GST (it’s FREE), then the software can
auto-populate your GSTR 3B. You only need to review it and file on GSTN portal
● If you have your/your client's invoice details in Excel or other ERP
○ Enter this data in ClearTax’s Excel Templates
○ Upload Excel in ClearTax GST Software
○ We will automatically calculate the GSTR-3B Final values
○ Copy such values on the GSTN Portal and File
● If you have already calculated Final GSTR-3B Values
○ You can enter this data on ClearTax GST Software in the “Summary mode”
○ Summary mode shows a full snapshot of GSTR-3B Return
○ You can review and then copy-paste the Final values on GSTN Portal and File
○ The data on ClearTax GST Software will remain for your reference
● The same process has been explained in detail in further slides
9. ClearTax GST www.cleartax.com/GST gstsupport@cleartax.in 080-67458707
Data needed for Preparing GSTR-3B Form
Information you need
● Sales Invoices
● Sales Credit Note, Debit Note
● Advance Receipts
● Purchase Invoices
● Purchase Credit Note, Debit Note
● Advance Payments (Reverse
Charge Transactions)
Excel Template for Input
● Sales Invoice Template
● Sales CDN Template
● Advance Receipt Template
● Purchase Invoice Template
● Purchase CDN Template
● Advance Payment Template
Download All Excel Templates
If you create invoices on ClearTax GST (it’s FREE), then the software will automatically
create your return form. You just need to review it and file on GSTN Portal.
10. ClearTax GST www.cleartax.com/GST gstsupport@cleartax.in 080-67458707
Part 1(a) : If you create bills/invoices using
ClearTax GST Software
If you use ClearTax GST software to create bills/invoices, the software will
auto-populate all your invoices and prepare GSTR-3B without you needing to do
anything. You just need to review and file on GST portal
11. ClearTax GST www.cleartax.com/GST gstsupport@cleartax.in 080-67458707
Step 1. Login to ClearTax GST & Select Your Business
● Login to your account on ClearTax GST. Select the business for which you
wish to prepare GSTR 3B and choose ‘Work on This’
12. ClearTax GST www.cleartax.com/GST gstsupport@cleartax.in 080-67458707
Step 2. Select Work on GST Returns & Select GSTR 3B
● Now select the
action of ‘Work
on GST Returns’
● Select the option
of ‘File GSTR 3B’
and click on
‘Start Now’
13. ClearTax GST www.cleartax.com/GST gstsupport@cleartax.in 080-67458707
Step 3. Select Invoice Import Mode of GSTR 3B
● Select Invoice Import Option. It will auto-prepare your GSTR-3B using the
invoices created on ClearTax GST software.
If you haven’t started using ClearTax GST software for invoice creation, you should
start now as it simplifies return filing and it’s FREE
14. ClearTax GST www.cleartax.com/GST gstsupport@cleartax.in 080-67458707
Step 4. Claim ITC
● Set category of Claim and amount of ITC available for every invoice
● Click on Save ITC Values
15. ClearTax GST www.cleartax.com/GST gstsupport@cleartax.in 080-67458707
Step 5. Review Summary & Click on ‘Autofill’ (& See Magic)
● Simply review GSTR 3B summary and Click on ‘Autofill Now’ to populate all
the invoices and ITC claim to the GSTR-3B form
16. ClearTax GST www.cleartax.com/GST gstsupport@cleartax.in 080-67458707
Part 1(b) : Preparing GSTR-3B Form Using
Excel Import
If you DON’T know all the values to be filled & haven’t created invoices using
ClearTax GST, use ClearTax Easy Excel Templates to fill your data and upload
these files on ClearTax using Invoice Import Mode
17. ClearTax GST www.cleartax.com/GST gstsupport@cleartax.in 080-67458707
Step 1. Download & Fill Relevant Excel Files for your Business
● The Complete Excel files zip contains following files
○ Sales Invoice Template - to create all invoices issued for outward supplies
○ Sales CDN Template - to create all credit and debit notes against the sales invoices
○ Advance Receipt Template - to create all the advance receipts
○ Purchase Invoice Template - to record all invoices issued to you for inward supplies
○ Purchase CDN Template - to record credit & debit notes against purchase invoices
○ Advance Payment Template - to record all the advance payments that you made against which invoice
is raised or yet to be raised
● After filling & uploading these excels on ClearTax GST, following details will be
automatically summarised
○ Outward Supplies
○ Outward Taxable Supplies (Zero-Rated)
○ Outward Supplies (Nil-Rated, Exempted)
○ Inward supplies (Liable to Reverse Charge)
○ Non-GST Outward Supplies
○ Interstate Outward Supplies to Unregistered/Composition Dealer or UIN Holder
Download All Excel Templates
18. ClearTax GST www.cleartax.com/GST gstsupport@cleartax.in 080-67458707
Step 2. Login to ClearTax GST & Select Your Business
● Login to your account on ClearTax GST. Select the business for which you
wish to file GSTR 3B and choose ‘Work on This’
19. ClearTax GST www.cleartax.com/GST gstsupport@cleartax.in 080-67458707
Step 3. Select Work on GST Returns & Select GSTR 3B
● Now select the
action of ‘Work
on GST Returns’
● Select the option
of ‘File GSTR 3B’
and click on
‘Start Now’
20. ClearTax GST www.cleartax.com/GST gstsupport@cleartax.in 080-67458707
Step 4. Select Invoice-wise Mode of GSTR 3B
Choose this option of filing if you,
a) Wish to import sales and purchase invoices to ClearTax GST from any other
accounting software, OR
b) You have already created invoices on our software AND
c) Want ClearTax GST to auto-prepare the return
21. ClearTax GST www.cleartax.com/GST gstsupport@cleartax.in 080-67458707
Step 5. Import Your Filled Excel Files
● Click on Import
● Import Invoices in 3 simple steps
22. ClearTax GST www.cleartax.com/GST gstsupport@cleartax.in 080-67458707
Step 6. Validate the Data and make corrections if any
● If a bill has any error, the cell where an incorrect detail has been filled will be
highlighted in red colour.
● Click on the highlighted cell and fill the right information
● After you have fixed all errors, click on ‘Revalidate’
23. ClearTax GST www.cleartax.com/GST gstsupport@cleartax.in 080-67458707
Step 7. Claim ITC
● Set category of Claim and amount of ITC available for every invoice
● Click on Save ITC Values
24. ClearTax GST www.cleartax.com/GST gstsupport@cleartax.in 080-67458707
Step 7a. Claim ITC- Bulk Action
● Click on the checkbox beside ‘Date’ and select the invoices
● Bulk-define the Category, and Claim Values here for the selected invoices.
25. ClearTax GST www.cleartax.com/GST gstsupport@cleartax.in 080-67458707
Step 8. Review Summary & Click Autofill (& See Magic)
● Review the summary of GSTR 3B form & Click on ‘Autofill Now’ to populate all
the invoices and ITC claim to the 3B form
26. ClearTax GST www.cleartax.com/GST gstsupport@cleartax.in 080-67458707
Part 1(c) : Preparing GSTR-3B Form by
Directly Filling Data
If you know all the values to be filled, you can directly fill the GSTR 3B details on
ClearTax using Summary Mode and use the same data on GSTN Portal
27. ClearTax GST www.cleartax.com/GST gstsupport@cleartax.in 080-67458707
Step 1. Login to ClearTax GST & Select Business
● Login to your ClearTax GST account. Select the business for which you wish
to prepare GSTR 3B and choose ‘Work on This’.
● If you are a tax practitioner, please select your clients’ businesses one by one
28. ClearTax GST www.cleartax.com/GST gstsupport@cleartax.in 080-67458707
Step 2. Start Working on GST Returns & Select GSTR 3B
● Select ‘Work on GST Returns’
● Select ‘File GSTR 3B’ and click on ‘Start Now’
29. ClearTax GST www.cleartax.com/GST gstsupport@cleartax.in 080-67458707
Step 3. Select Summary Mode of GSTR 3B Filing
● A popup will appear asking you to select mode of GSTR 3B preparation.
Choose ‘Summary Mode’
30. ClearTax GST www.cleartax.com/GST gstsupport@cleartax.in 080-67458707
● Fill all the fields with necessary data. If you need help to understand any
information, click “Explain this”. This section is extremely important to do
error free filing, since everyone is doing for first time
Step 4a. Fill details of outward supplies & inward supply under reverse
charge
If you want to understand more about these details, click here
Value of Invoices + Value of Credit or
Debit Note + Advance Receipts
31. ClearTax GST www.cleartax.com/GST gstsupport@cleartax.in 080-67458707
Step 4b. Fill details of interstate supplies to unregistered, composition
scheme dealers & UINs
If you want to understand more about these details, click here
Enter the state for
every type of supply
Total Taxable Value
for each State/ UT
*must not exceed amount
declared under Table
3.1(a)
**Do not mention amount
of Cess
● Fill all the fields with necessary data. If you need help to understand any
information, click “Explain this”
32. ClearTax GST www.cleartax.com/GST gstsupport@cleartax.in 080-67458707
Step 4c. Fill details of Input Tax Credit
If you want to understand more about these details, click here
● Fill the details of ITC available, ITC reversed and ineligible ITC. If you need
help to understand any information, click “Explain this”
33. ClearTax GST www.cleartax.com/GST gstsupport@cleartax.in 080-67458707
Step 4d. Fill Values of exempt, nil-rated and non-GST inward supplies
● Fill the transaction value of these inward supplies.
Purchases from a
person registered
in other state
Purchases from a
person registered
within your state
● No taxes will be involved in any of these inward supplies or purchases.
34. ClearTax GST www.cleartax.com/GST gstsupport@cleartax.in 080-67458707
Step 5. Go to GSTN Portal to file
● Once you are sure of all the data, go to GSTN portal for Filing GSTR 3B
● Go to filing steps on GSTN Portal
35. ClearTax GST www.cleartax.com/GST gstsupport@cleartax.in 080-67458707
Part 2 : Filing GSTR-3B Return
Once you have prepared your GSTR-3B data and have validated it with ClearTax,
you need to file your returns on GSTN Portal
36. ClearTax GST www.cleartax.com/GST gstsupport@cleartax.in 080-67458707
1. Visit www.gst.gov.in - The GST Home page will be displayed.
2. Login to the GST Portal with your valid credentials.
3. Click Services > Returns > Returns Dashboard
4. This displays the File Returns page. Select the Financial Year & Return Filing
Period (month) for which you want to file the return from the drop-down list.
Step 1. Go to Return dashboard on GST portal
37. ClearTax GST www.cleartax.com/GST gstsupport@cleartax.in 080-67458707
Step 2. Select Monthly Return on GST Portal
5. Click the SEARCH button.
6. Click the PREPARE ONLINE button.
38. ClearTax GST www.cleartax.com/GST gstsupport@cleartax.in 080-67458707
Step 3. Copy the data from ClearTax & Save
● You have already filled details on
ClearTax GST
● Copy the value from ClearTax
GST software to the relevant
tables on the government portal
● Click on Save GSTR 3B
39. ClearTax GST www.cleartax.com/GST gstsupport@cleartax.in 080-67458707
Step 4. Pay any Interest or Late Fee
1. Click the 5.1 Interest and Late Fee tile and enter the amount of all taxes.
2. Click the CONFIRM button.
40. ClearTax GST www.cleartax.com/GST gstsupport@cleartax.in 080-67458707
Step 5. Finalize & Submit the GSTR-3B form
● Click the SAVE GSTR-3B button at the bottom of the page.
● A success message will be displayed on the top of the page once every detail
is saved
● Click the SUBMIT button to submit the finalized GSTR-3B return.
● Once you have submitted GSTR 3B, option to pay of taxes will be shown
41. ClearTax GST www.cleartax.com/GST gstsupport@cleartax.in 080-67458707
Step 6. Pay the necessary taxes
1. Click the Payment of Tax tile
2. Click on Check Balance button
42. ClearTax GST www.cleartax.com/GST gstsupport@cleartax.in 080-67458707
Step 7. File GSTR-3B with DSC or EVC
● Click the OFFSET LIABILITY
button to pay off the liabilities
● Click on OK Button
● From the Authorised
Signatory drop-down list,
select the authorized
signatory
● Click the FILE GSTR-3B
WITH DSC or FILE GSTR-3B
WITH EVC button
43. ClearTax GST www.cleartax.com/GST gstsupport@cleartax.in 080-67458707
● If you select DSC, then click the PROCEED button & Select the certificate and
click the SIGN button.
● If you selected EVC, Enter the OTP sent on email and mobile number of the
Authorized Signatory registered on the GST Portal. Click the VALIDATE OTP
button.
Step 8. Complete Filing with DSC or EVC
44. ClearTax GST www.cleartax.com/GST gstsupport@cleartax.in 080-67458707
9. Success Message
● After successful filing, a success
message will be displayed
● You can go back and check monthly
returns. It should display “Status - Filed”
45. ClearTax GST www.cleartax.com/GST gstsupport@cleartax.in 080-67458707
Definition & Explanation of Terms
in GSTR 3B Form
In this section, we will explain you the meaning of each of the terms used in
GSTR-3B form
46. ClearTax GST www.cleartax.com/GST gstsupport@cleartax.in 080-67458707
Other Outward Supplies (Nil-Rated, Exempted):
Details of taxable value of all those goods/services supplied, for which the rate of tax notified is NIL or which
have been fully exempted.
For example, dairy produce, birds eggs, natural honey are zero-rated and exports of such supplies have to
be detailed under this category.
Inward supplies (Liable to Reverse Charge):
When you purchase products from a supplier who is not GST-registered, you have to pay tax on that
purchase,too. Such cases fall under Reverse Charge.
You will also have to pay tax if you purchase goods or services from a registered supplier, but the product
itself falls under Reverse Charge.
For such transactions, the liability of tax payment falls on the receiver, and the receiver needs to furnish the
details of taxable value and tax payable in the form.
Outward & Inward Supplies on reverse charge
47. ClearTax GST www.cleartax.com/GST gstsupport@cleartax.in 080-67458707
The details of outward supply or sale of goods or services (both interstate or intrastate) needs to be
mentioned under this head. This has to be supported with inward details of purchases of those goods or
services which are categorized under Reverse Charge. Let us explain you each item under this head.
Outward Taxable Supplies (other than Zero-Rated, Nil-Rated and Exempted Supplies)
Businesses need to provide complete details of taxable value and tax payable on all goods/services
supplied, other than those classified as zero-rated, nil-rated and exempted goods or services.
Value of Taxable Supplies = Value of invoices + (Value of debit notes – Value of credit notes) + (Value of
advances received for which invoices have not been issued in the same month * – Value of advances
adjusted against invoices**)
* to be included in the Value of Taxable Supplies as taxes needs to on advance receipts for a future sale or supply.
** Advance receipts on which tax has already been paid and which must be excluded from the original invoice value to avoid
double taxation.
Outward & Inward Supplies on reverse charge
48. ClearTax GST www.cleartax.com/GST gstsupport@cleartax.in 080-67458707
Outward & Inward Supplies on reverse charge
Outward Taxable Supplies (Zero-Rated)
Under this head, it is important to mention the details of taxable value of goods/services exported outside
India or supplied to SEZ (deemed export). If you don’t have any exports, you can mention 0.
1. Deemed Exports- These are those transactions in which goods supplied do not leave country, and
the payment for such supplies is received either in Indian rupees or in free foreign exchange. For
example, supply of goods by a DTA (Domestic Tariff Area) to EOU (Export Oriented Unit) within India
is deemed as an export of goods or service.
2. Export under Bond/LUT- Supply of goods or services, or both, under bond or Letter of
Undertaking, without payment of IGST is also considered as export. Businesses can then claim a
refund of unutilised ITC on purchases of inputs used for supplying the exported goods or services.
3. Export with IGST- Any exporter or United Nations or Embassy or other agencies/bodies which
supplies goods or services, or both, after paying the IGST can claim refund of the IGST paid.
4. Export to SEZ- Since supply of goods or services to SEZ is treated as zero-rated supply, hence no
IGST will be paid.
49. ClearTax GST www.cleartax.com/GST gstsupport@cleartax.in 080-67458707
Non-GST Outward Supplies
Under this heading, it is mandatory to provide the details of taxable value of goods/services supplied
which do not fall under the ambit of GST.
Examples of such goods
a) alcohol (for human consumption)
b) petroleum products
viz. petroleum crude, motor spirit (petrol), high speed diesel, natural gas and aviation turbine fuel.
Outward & Inward Supplies on reverse charge
50. ClearTax GST www.cleartax.com/GST gstsupport@cleartax.in 080-67458707
Under this head further break up of ‘Outward taxable supplies’ needs to be provided. Here you must
mention the inter-state supplies which are made to
● unregistered persons
● composition dealers
● those who hold a UIN
The following are granted a UIN:
● any specialized agency of the United Nations Organization, or
● any Multilateral Financial Institution and Organization notified under the United Nations (Privileges
and Immunities) Act, 1947 (46 of 1947), or
● Consulate/Embassy of foreign countries, or
● any other person or classes of person notified by the Commissioner who shall be liable to obtain UIN
Inter-State supplies made to unregistered persons, composition
taxable persons and UIN holders
51. ClearTax GST www.cleartax.com/GST gstsupport@cleartax.in 080-67458707
After mentioning the amount of taxes payable for outward supplies and inward supplies under reverse
charge, the eligible ITC to be claimed must also be mentioned. Your net tax liability will therefore be the
difference between total taxes payable and eligible ITC.
Tax Liability = Total Taxes Payable - Eligible ITC
● Import of goods - Amount of tax paid on import of goods needs to be provided
● Import of services - Amount of tax paid on receipt of services from outside India needs to be
provided
● Inward supplies liable to reverse charge (other than 1 & 2 above) - If you have purchased any
goods or received any services which fall under Reverse Charge, then tax paid will be provided as an
Input Tax Credit in the subsequent month
● Inward supplies from ISD - In case a business has multiple units and is supplying goods or services
from all such units, the Input Service Distributor can allot Input Tax Credit to each unit. The details of
such allocations, if made, have to be mentioned
Input Tax Credit
52. ClearTax GST www.cleartax.com/GST gstsupport@cleartax.in 080-67458707
Input Tax Credit
All other ITC:
Any other credit as may be applicable and not mentioned above. ITC related to the pre-GST tax period will not
be allowed to be set off against tax liability shown in GSTR 3B for the month of July and August 2017.
ITC reversed:
•As per rules 42 & 43 of CGST Rules:
Reversal of ITC is required in case of exempt supplies or non-business purpose use in respect of inputs/input
services (Rule 42) and capital goods (Rule 43)
•All other ITC: Any other credit as may be applicable and not mentioned above.
Ineligible ITC
•As per section 17(5) : Negative List of ITC,
For Example Amount paid for Membership of a club, health & fitness Centre is included in the negative list
and cannot be claimed
•Others: Any other credit that may be ineligible.
53. ClearTax GST www.cleartax.com/GST gstsupport@cleartax.in 080-67458707
Thanks for reading!
● Go to www.cleartax.in/GST to file or create bills
● Share this guide and help others
● Read our guides, email or call us for any support