23 October 2018
What if Gstr 3B & Gstr 1 submitted wrongly by over declaration of gross turnover. for example while submitting 3b return he has to file 20,000/- as gross turnover but he filed his return as 2,00,000/- in 3B as well as Gstr1 return. Then how to correct this return and avail input credit in next month.
23 October 2018
In GSTR-3B of subsequent months, you can reduce the turnover to that extent and disclose the balance amount. There could be a scenario where the subsequent month's turnover is less than the amount excess disclosed earlier, in that case, you can show zero in your subsequent month return and adjust the balance in the next returns.
In GSTR-1, while filing the subsequent month's GSTR-1, the invoice can be amended in amendment B2B table and the correct values of the earlier invoice can be given. If this was B2C, then the same can also be amended in table 11 of GSTR-1.
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