Come January 1, 94 lakh GST assessees will be required to fill only four GSTR 3B (Goods & Services Tax Return) forms as against 12 now. GSTR 3B is mandatory for every GST assessee to file. It shows details of sales and purchase made by the registered taxpayer, liable Input Tax Credit (ITC), liable tax and actual tax paid.
Source: a2ztaxcorp.com