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      Question

      Which GSTR form is primarily used by businesses to

      summarize their monthly tax liabilities and claim input tax credits under Goods and Services Tax (GST)?┬а
      A GSTR-1 Correct Answer Incorrect Answer
      B GSTR-2A Correct Answer Incorrect Answer
      C GSTR-3B Correct Answer Incorrect Answer
      D GSTR-9 Correct Answer Incorrect Answer
      E GSTR-7 Correct Answer Incorrect Answer

      Solution

      GSTR-3B is the summary return that taxpayers must file regularly to show details of sales, Input tax credit (ITC) claims, tax liability, refunds, etc. recorded on their GSTIN.

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