CCI Online Learning
What do you want to learn today?
     
CIBIL

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Input declaration done wrongly..

This query is : Resolved 

Dear sir,

Month of Feb'2020 GSTR-3B Return we have declared input wrongly.Actually we have to pay amount under CGST/SGST, payment also made on 20.03.2020 due to input declaration wrong setoff done via credit ledgers CGST/SGST , now we have excess credit in ledger and current ledger also showing our payment.

In this connection can we reverse excess credit for next month?
can we liable interest on wrong declaration of Input? if liable howmuch percentage and from which date i have to take for calculation.



Pay 24% interest from 21st February.

sir, interest on utilized credit or total wrongly mentioned credit?

Utilised credit only........

thanks sir, our management asking if any G.O or Notification is there if it is available please share sir.


You need to be the querist or approved CAclub expert to take part in this query .


Click here to login now



Similar Resolved Queries :





Trending Tags
income tax
gst portal
Info Technology
exams
itr
aatmanirbhar bharat
newgstreturn
gst return
ca exams
esic
traces
Service Tax
tin nsdl
audit
ca exams may 2020
llp
cbdt
cag
dgft
VAT
Excise

FM by Grant Thornton    |    x