How to File GST Returns Using TallyPrime: Complete Guide

How to File GST Returns Using TallyPrime?

GST return filing is an important part of regular tax compliance for registered businesses in India. Accurate sales, purchase, tax and input tax credit records are essential for preparing GST returns correctly and on time.

TallyPrime helps businesses record GST transactions, prepare GST return reports, review exceptions, reconcile relevant data and use supported workflows to upload or file returns.

In this guide, we explain how businesses can use TallyPrime to prepare and manage GST returns, with a focus on GSTR-1 and GSTR-3B.

What Are GST Returns?

GST returns are periodic statements submitted by eligible taxpayers to report relevant business transactions, tax liability and other required information to the GST system.

For regular taxpayers, GSTR-1 primarily contains details of outward supplies, while GSTR-3B is a summary return used to declare GST liabilities and discharge the applicable tax liability.

The exact return requirements and filing frequency depend on the taxpayer's registration type, turnover, scheme and applicable GST rules.

What Is GSTR-1?

GSTR-1 is a statement of outward supplies containing details of sales of goods and services for the relevant tax period.

TallyPrime can capture relevant sales transactions and organize them into the GSTR-1 report. Businesses can review the report, identify exceptions and use supported options to upload or file the return.

GSTR-1 may be filed monthly or quarterly depending on the applicable filing option and eligibility.

What Is GSTR-3B?

GSTR-3B is a summary GST return in which taxpayers declare their GST liabilities and claim eligible input tax credit as applicable for the tax period.

Businesses should carefully verify the values reported in GSTR-3B before filing because accurate tax liability and input tax credit information is important for GST compliance.

Why Use TallyPrime for GST Return Filing?

TallyPrime helps businesses maintain their accounting records and prepare GST-related reports from the transactions recorded in the company books.

• Prepare GSTR-1 reports from recorded transactions
• Review GST transactions before filing
• Identify exceptions and mismatches
• Validate party GSTIN or UIN details
• Upload GSTR-1 through supported online workflows
• File GSTR-1 directly from supported TallyPrime releases
• Prepare and reconcile GSTR-3B
• Upload GSTR-3B using supported workflows
• Export GST return data when required

Before Filing GST Returns in TallyPrime

Before starting the filing process, businesses should make sure that GST is enabled correctly in TallyPrime and that the company and GST registration details are accurate.

It is also important to review sales, purchases, debit notes, credit notes, advances and other GST-related transactions for the return period.

GST Return Filing Checklist

• GST is enabled in the company.
• Correct GSTIN is selected.
• Company GST details are accurate.
• Sales transactions are recorded correctly.
• Purchase transactions are recorded correctly.
• GST rates and tax ledgers are configured correctly.
• Customer GSTIN details are verified.
• HSN or SAC details are accurate.
• Exceptions in GST reports are reviewed.
• Input tax credit records are reconciled where applicable.

How to Prepare GSTR-1 in TallyPrime

Step 1: Record Your GST Transactions

Record your sales and other applicable transactions in TallyPrime using the correct GST ledgers, party details, tax rates, HSN or SAC information and transaction classifications.

Accurate transaction recording is the foundation of a reliable GST return.

Step 2: Open the GSTR-1 Report

Open the GSTR-1 report in TallyPrime and select the required return period. The report organizes relevant outward supply transactions according to the applicable GSTR-1 sections.

You can review the transactions before proceeding with uploading or filing.

Step 3: Review Exceptions

Check the exceptions and conflicts shown in the GSTR-1 report. Resolve incorrect or incomplete transactions before uploading the return.

Common issues can include incorrect GSTIN details, incomplete invoice information, incorrect tax classification and other transaction-level errors.

Step 4: Validate Party GSTIN Details

Review the GSTIN or UIN details of your customers and other relevant parties. TallyPrime provides options to validate and fetch party details using GSTIN or UIN in supported workflows.

Step 5: Verify the GSTR-1 Summary

Review the return summary and compare the reported values with your accounting records. Make sure the invoice counts, taxable values and tax amounts are reasonable and accurate.

How to Upload GSTR-1 From TallyPrime

In supported TallyPrime releases, businesses can upload GSTR-1 directly to the GST portal from TallyPrime. This can reduce manual data entry and help businesses resolve rejected transactions within the accounting workflow.

Basic GSTR-1 Upload Process

1. Open the GSTR-1 report in TallyPrime.
2. Select the required return period.
3. Review the return summary.
4. Resolve exceptions and conflicts.
5. Ensure GST portal API access is enabled where required.
6. Log in to the GST portal through the supported TallyPrime workflow.
7. Select the transactions or summaries to upload.
8. Send the data to the GST portal.
9. Review any rejected transactions.
10. Resolve the errors and upload the corrected data.

TallyPrime's current documentation also supports direct GSTR-1 filing using EVC or DSC in supported releases. After successful filing, an ARN is generated for the filing activity.

How to File GSTR-1 Directly From TallyPrime

For supported TallyPrime releases, businesses can file GSTR-1 directly from TallyPrime without separately navigating through the GST portal for every filing step.

1. Open the GSTR-1 filing option in TallyPrime.
2. Verify the return summary.
3. Start the filing process.
4. Log in to the GST profile if required.
5. Select EVC or DSC as the filing mode.
6. Complete the required verification.
7. Wait for the filing process to complete.
8. Note the ARN generated after successful filing.

If the filing process is interrupted because of a network or other issue, supported TallyPrime versions can allow you to continue the filing process from where it stopped.

How to Prepare GSTR-3B in TallyPrime

GSTR-3B is a summary return, so businesses should carefully compare the return values with their books and the relevant GST portal data before filing.

Step 1: Open the GSTR-3B Report

Open the GSTR-3B report in TallyPrime and select the required reporting period.

Step 2: Review Tax Liability

Review the outward supply and applicable reverse charge information that contributes to the GST liability for the period.

Step 3: Review Input Tax Credit

Review eligible input tax credit and compare the relevant values with the GST portal information available for your business.

Businesses should not rely only on accounting records when claiming ITC. The applicable GST portal data and reconciliation requirements should also be considered.

Step 4: Reconcile GSTR-3B

For supported TallyPrime workflows, businesses can download relevant GSTR-3B information, reconcile it with their books and review differences before uploading or filing.

Step 5: Upload or Export GSTR-3B

Depending on the TallyPrime release and preferred workflow, businesses can upload GSTR-3B through supported online options or export the required JSON data for uploading on the GST portal.

How to File GSTR-3B Using TallyPrime

Businesses using supported TallyPrime versions can use the available workflow to download, reconcile and upload GSTR-3B data before completing the final filing on the GST portal.

1. Open the GSTR-3B report in TallyPrime.
2. Select the required return period.
3. Download the relevant GSTR-3B data where supported.
4. Reconcile the values with your books.
5. Review tax liability and eligible ITC.
6. Resolve any differences.
7. Upload the return using the supported workflow.
8. Complete the final filing and tax payment process on the GST portal.

For JSON-based filing, TallyPrime can also export GSTR-3B data in JSON format for upload to the GST portal.

Common GST Return Filing Errors

Many GST filing problems occur because of incorrect or incomplete accounting data. Reviewing transactions before filing can help businesses identify and correct these issues.

• Incorrect GSTIN of the customer or supplier
• Incorrect invoice number or date
• Wrong GST rate
• Incorrect HSN or SAC code
• Incorrect place of supply
• Incorrect taxable value
• Missing debit or credit notes
• Incorrect reverse charge classification
• Mismatch between books and GST portal data
• Incorrect input tax credit values

How to Fix GST Return Errors Before Filing

The best approach is to identify the source of the error instead of changing return figures without checking the underlying transaction.

1. Open the relevant GST report in TallyPrime.
2. Identify the transaction or exception causing the difference.
3. Check the original voucher.
4. Verify party GSTIN and master details.
5. Check GST classification and tax rate.
6. Correct the transaction if required.
7. Regenerate or refresh the relevant GST report.
8. Recheck the return summary before filing.

GSTR-1 vs GSTR-3B

Benefits of Filing GST Returns With TallyPrime

1. Centralised Accounting Data

Your GST-related information is generated from the transactions recorded in your accounting system, helping maintain a consistent workflow.

2. Better Error Identification

TallyPrime GST reports can help businesses identify exceptions and transactions that require attention before filing.

3. Reduced Manual Work

Supported online upload and filing workflows can reduce repetitive data entry between accounting software and the GST portal.

4. Easier Reconciliation

Businesses can use available TallyPrime reconciliation features to compare accounting records with relevant GST data and identify differences.

5. Better GST Record Management

Maintaining properly recorded transactions and regularly reviewing GST reports can help businesses create a more organised compliance process.

GST Return Filing Checklist

• Verify the correct GSTIN.
• Check the return period.
• Review all sales transactions.
• Check purchase and ITC-related records.
• Verify GST rates.
• Verify HSN and SAC details.
• Check customer and supplier GSTINs.
• Review debit notes and credit notes.
• Resolve GST report exceptions.
• Reconcile relevant GST portal data.
• Review the final return summary.
• Complete filing and retain the acknowledgement or ARN where applicable.

Frequently Asked Questions

Can I file GST returns using TallyPrime?

Yes. TallyPrime provides GST return preparation and supported upload or filing workflows for returns such as GSTR-1 and GSTR-3B. The exact options depend on the TallyPrime release and configured GST workflow.

Can GSTR-1 be filed directly from TallyPrime?

Yes. Current supported TallyPrime releases provide a direct GSTR-1 filing workflow using supported verification methods such as EVC or DSC.

Can I upload GSTR-1 from TallyPrime?

Yes. TallyPrime supports uploading GSTR-1 data directly to the GST portal in supported releases. Businesses can review and resolve rejected transactions as part of the workflow.

Can TallyPrime prepare GSTR-3B?

Yes. TallyPrime provides a GSTR-3B report that helps businesses review relevant tax liability and input tax credit information before filing.

Can GSTR-3B be exported from TallyPrime?

Yes. Supported TallyPrime versions allow businesses to export GSTR-3B data in JSON format for uploading to the GST portal.

Why should GST data be reconciled before filing?

Reconciliation helps businesses identify differences between their books and relevant GST portal data before submitting the return. This can help reduce errors and incorrect reporting.

What happens if GST return data has errors?

Businesses should identify the underlying transaction or master-data issue, correct it where appropriate and review the GST report again before filing.

Get TallyPrime GST Support From Doric Multimedia

Doric Multimedia is a Tally Certified 5 Star Partner offering TallyPrime software, GST solutions, implementation, customization, training and business technology support in Ludhiana, Punjab and across India.

Our team can help businesses with TallyPrime installation, GST configuration, GST return workflows, GSTR-1, GSTR-3B, Tally customization, data migration, training and ongoing technical support.

If you want to simplify GST accounting and manage your TallyPrime GST workflow more efficiently, contact Doric Multimedia for professional TallyPrime and GST support.

Conclusion

Filing GST returns accurately requires proper accounting records, correct GST configuration and careful review of return data. TallyPrime can help businesses prepare GST reports, identify exceptions, reconcile relevant information and use supported workflows for uploading and filing returns.

By regularly reviewing transactions and resolving GST errors before filing, businesses can maintain a more organised GST compliance process and reduce unnecessary manual work.