The CEO of GSTR-3B and GST network said that the businesses who are getting registered with GST will fastly get the return form. “We are moving towards providing taxpayers with a pre-filled GSTR-3B form
The information of sales return GSTR-1 form for the assessee which it uses in his tax payment form GSTR-3B in the form of pdf has previously started providing tax liability it is done by the GSTN who manages the IT backbone for the goods and services tax (GST).
It also gives the assessee the invoice wise input tax credit (ITC) statements
The 1st stage for adjoining the GSTR-1 which consists of business to business (B2B)
There is 1.26 crore enrolled assessees from which 1.07 crore are intended to file GSTR-1 and GSTR-3B. From 1.07 crore assessee near about 58 lakh files GSTR-1 on a monthly basis while rest files in the quarter terms. Although all the 1.07 crore taxpayers will file a monthly tax return for GSTR-3B.