Online GSTR-3B Filing: Due Date, Penalty for Late Filing & Who should file?

What is GSTR-3B?

It is a self-declaration filed by the registered dealer from July 2019 till March 2020. The following important points are as follows –

Taxpayer’s must file separate GSTR-3B for each GSTIN.
Tax liability amount of GSTR-3B must be paid by the taxpayer before the last date of filing GSTR-3B.
It cannot be revised.

It is mandatory for every GST registered dealer to file GSTR-3B. The registered persons who are exempted to file the returns are as follows

Composition dealers
Input service distributors
Non-resident taxable person
Persons who are supplier of online information & database access or retrieval services (OIDAR) and paying taxes under section 14 of the IGST act.

Due Dates for filing of GSTR 3B under various categories are as under -

Particulars	Due date
Annual turnover of Rs.5 Crore & above in the previous financial year	20^th of Every Month (Without late fees)
Annual turnover below Rs.5 crore in the previous financial year 22 States/Union Territories Union Territories of J&K, Ladakh and States of Himachal Pradesh, Uttarakhand, Haryana, Punjab, Chandigarh, Haryana, Rajasthan, Delhi, U.P, Sikkim, Bihar, Nagaland, Manipur, Arunachal Pradesh, Assam, Tripura, Meghalaya, West Bengal, Odisha and Jharkhand. 15 States/ Union Territories Union Territories of Daman & Diu, Dadra & Nagar Haveli, Lakshadweep, Andaman & Nicobar Island, Puducherry and States of Chhattisgarh, Kerala, Tamil Nadu, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Andhra Pradesh, Telangana	24^th of Every Month (Without late fees) 22^nd of Every Month (Without late fees)

Filing of GSTR-3B is mandatory even in case of nil returns. Late filing fees for GSTR-3B is as follows -

Rs.50 per day (In case of filing tax liability)
Rs.20 per day (in case of filing Nil tax liability)
Reconciliation of GSTR-1 with GSTR-3B is very necessary to find any missed out or a duplicate invoice.
In the case of late payment, you will be liable to pay interest as well as penalty. Interest will be charged @18% per annum and it is calculated by the tax payer on the outstanding tax amount.