In this post, we will see the CBIC update on Auto-populated Form GSTR 3B for the taxpayers from October 2020 onwards.

GSTN had earlier introduced Form GSTR-2B for the benefit of taxpayers.

GSTR-2B is a static statement with ITC details for a tax period. It is an auto-drafted Input Tax Credit (ITC) statement generated for every recipient based on the supplier’s information in their respective Form GSTR-1 & 5 and Form GSTR-6 filed by Input Service Distributor(ISD).

Taxpayers filing monthly GSTR-1 statement with system computed values of Table 3 of Form GSTR-3B can now download GSTR 3B PDF statement. This PDF is prepared on the basis of the values in the GSTR-1 statement for the said tax period.

This facility will become available for taxpayers who are registered as Normal taxpayers, SEZ Developers, SEZ units, and casual taxpayers.

In continuation of the return linkage project, GSTN has now introduced auto-populated Form GSTR-3B in PDF format.

The auto-populated Form GSTR-3B has:

  • Liabilities in Table 3.1(a, b, c and e) and Table 3.2 from Form GSTR-1.
  • Liability in Table 3.1(d) and Input Tax Credit (ITC) in Table 4 from auto-drafted ITC Statement from Form GSTR-2B.

The system generated PDF will be available in the Form GSTR 3B dashboard from October 2020 tax period.

Taxpayers can access their Form GSTR-3B (PDF) through the following steps:

Login to GST Portal > Returns Dashboard > Select Return period > GSTR-3B > System Generated 3B.

With that, we have come to the end of this post. Share your views with us in the comments below.