Summary of Outward Supplies, ITC Claimed and Net Tax Payable (GSTR-3B) – Due for Taxpayers with Turnover Above ₹5 Crore

Businesses registered under GST with an aggregate turnover exceeding ₹5 crore in the preceding financial year, or taxpayers who have not opted for the QRMP Scheme, are required to file Form GSTR-3B on a monthly basis. For the June 2026 tax period (covering supplies made during April–June 2026 for monthly compliance), the return captures a summary of outward supplies, Input Tax Credit (ITC) claimed, and the net GST liability payable. (GST Portal)

Who is required to file?

Monthly filing of GSTR-3B is applicable to:

• Taxpayers having aggregate turnover exceeding ₹5 crore in the preceding financial year.

• Registered persons who have not opted for the QRMP Scheme, irrespective of turnover where monthly filing applies. (TaxGuru)

Due Date

The due date for filing Form GSTR-3B for the tax period of June 2026 is 20 July 2026, unless extended by the Government through a notification. (TaxGuru)

What information is reported in GSTR-3B?

Form GSTR-3B is a self-declared summary return containing:

• Details of taxable outward supplies.

• Zero-rated, exempt and nil-rated supplies.

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• Reverse charge liabilities.

• Eligible Input Tax Credit (ITC).

• ITC reversals and ineligible ITC.

• Interest and late fee, if applicable.

• Net GST liability after adjustment of available ITC.

• Tax payment through electronic cash and credit ledgers. (GST Portal)

Important compliance points

• Ensure that outward supplies reported in GSTR-1 reconcile with the figures appearing in GSTR-3B.

• Verify Input Tax Credit with auto-generated GSTR-2B before claiming ITC.

• Reconcile books of accounts with GST returns to avoid notices or mismatches.

• Pay the entire tax liability before filing the return to avoid interest and late fees.

• Maintain proper documentation supporting ITC claims and tax payments. (GST Portal)

Recent GST system updates

GSTN has continued strengthening system-based validations and auto-population in GSTR-3B. Taxpayers should carefully review the auto-populated figures before filing and ensure that eligible ITC and outward tax liabilities are correctly reflected. Accurate reconciliation helps reduce compliance risks and future departmental queries. (GST Portal)

Legal Reference

Form GSTR-3B is prescribed under the Central Goods and Services Tax Act, 2017 and the Central Goods and Services Tax Rules, 2017, with filing requirements administered through the GST Portal and related GSTN advisories. (GST Portal)

Conclusion

Timely filing of GSTR-3B is essential to remain GST compliant, avoid interest and late fees, and ensure seamless availability of Input Tax Credit. Businesses should reconcile their sales, purchases and ITC before submitting the return to minimise future disputes.

For expert guidance on this topic, contact your tax professional today.

EXCERPT: Monthly GSTR-3B for taxpayers with turnover above ₹5 crore or not under QRMP is due on 20 July 2026. Ensure accurate ITC and GST liability reporting.

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SEO_DESCRIPTION: File GSTR-3B by 20 July 2026. Learn reporting requirements for outward supplies, ITC and net tax liability. Contact us for GST compliance assistance.