Gstr- 3b error rectification

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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

12 May 2018 Dear Expert,

While filing GSTR-3B for the month of September-2017 sales figure was over reported and in the month of December-2017 ITC was excess claimed. As per earlier circular of CBDT they said the any error in GSTR- 3B has to be rectified through GSTR-1 & 2 Only.

Now I find another circular issued on 29.12.2017 In this circular they allow to make adjustment in figures in next month(s) return.

Now my query is whether can I make adjustment in the April-2018 GSTR-3B return (which relates to previous year) and deposit the same with interest.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

13 May 2018 Yes make adjustment in the April-2018 GSTR-3B return and deposit the same with interest.

Message likes : 2 times

Querist : Anonymous

Querist : Anonymous (Querist)

14 May 2018 ok sir Thanks
I want to know Whether their is any provision in GST Annual Return that any excess ITC on account of differences between monthly return & annual return will be credited to E-Credit Ledger.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

14 May 2018 Monthly return and annual return should match. Correct monthly return if any correction is required.

Querist : Anonymous

Querist : Anonymous (Querist)

14 May 2018 But sir in my case monthly return and Annual return will not matched because difference for the month of sep-17 & Dec-17 is now adjusted in the month of April-18. Now what should I do...pls help

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

14 May 2018 No problem file annual return the difference can be explained.

Message likes : 3 times

Querist : Anonymous

Querist : Anonymous (Querist)

14 May 2018 ok Very Very Thanks sir......

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