Tax-eazy

how to file 3b return







+9

Filing GSTR-3B is a monthly self-declaration summary return on the

GST Portal by the 20th of the following month. Log in to the GST Portal, navigate to Services > Returns > Returns Dashboard, select the period, and click 'Prepare Online' to enter sales, ITC, and tax details, save, pay via challan if needed, and submit using EVC or DSC.

ClearTax +4

Steps to File GSTR-3B on the GST Portal

Login: Go to the GST Portal and enter valid credentials.

Navigate:

Go to Services > Returns > Returns Dashboard.

Select Period: Select the Financial Year, Quarter, and Return Filing Period (Month) and click SEARCH.

Prepare Online: Select Prepare Online under the Monthly Return GSTR-3B tile.

Answer Questionnaire: Answer whether you want to file a nil return or if you have data to file.

Enter Details: Fill in the necessary details, including:

Outward supplies and inward supplies liable to reverse charge.

Inter-state supplies.

Eligible Input Tax Credit (ITC).

Exempt, nil, and non-GST inward supplies.

Interest and late fee (if applicable).

Save GSTR-3B: Click the SAVE GSTR-3B button at the bottom.

Submit and Pay: Click Submit, then Pay Tax to make the payment via Electronic Cash Ledger or Input Tax Credit.

File Return: Click File GSTR-3B with DSC or File GSTR-3B with EVC (OTP).

Steps to File GSTR-1 on the GST Portal

Login & Navigate: Log in to the GST Portal, go to Services > Returns > Returns Dashboard.

Select Period:

Select the Financial Year, Quarter, and Return Filing Period (Month), then click Search.

Prepare Return: Click the Prepare Online button in the GSTR-1 tile to enter data directly, or Prepare Offline to upload a JSON file.

Add/Upload Invoice Data: Enter or upload data for the following tables:

B2B Invoices (4A, 4B, 4C, 6B, 6C): Details of supplies to registered taxpayers.

B2C (Large & Small): Details of supplies to unregistered persons.

Credit/Debit Notes: For changes in invoice values.

Export Invoices: For supplies to foreign countries.

HSN-wise Summary: Summary of supplies based on HSN codes.

Generate Summary: Click "Generate Summary" to check auto-populated data from e-invoices, if applicable.

Preview and Submit: Click Preview to review the draft, then click Submit to finalize the data.

File Return: Click File Statement, select the authorized signatory, and sign using DSC (Digital Signature Certificate) or EVC (OTP).

Budget 2026 is expected to introduce an optional joint taxation system for married couples, allowing them to aggregate income and file combined returns to potentially reduce tax liability. Recommended by the ICAI, this model aims to reflect household-level financial units, particularly benefiting single-income families, and is expected to be announced by Finance Minister Nirmala Sitharaman on February 1. 

Key Details of Proposed Joint Taxation

Optional Structure: Couples can choose between the current individual system or a new joint system, likely requiring both spouses to have valid PANs.

Benefits: Potential tax savings for single-income households and simplified compliance for families.

Model Suggestion: The ICAI has suggested a model where, for instance, combined income up to ₹6 lakh might be taxed at zero.

Global Alignment: This aligns India with practices in the US and Germany. 

Other Expected Tax Reforms (Budget 2026)

Standard Deduction: Potential increase in standard deduction to ₹1 lakh for taxpayers.

Tax-Free Income: Hopes for zero tax on income up to ₹15 lakh.

Digital Integration: Enhanced use of AI for prefilled returns and faster, easier compliance.