Reverse INPUT

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This query is : Resolved

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A business mistakenly claimed an input tax credit of Rs. 3600 for GST on bank charges in their January GSTR 3B return. The bank later refunded the full amount, including the GST, as it was deducted in error. The user is asking whether they need to reverse this GST credit in their August GSTR 3B return and if any interest will be charged for this reversal.

sona1

sona1 (Querist)
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24 August 2024 11/01/2024 our bank deducted Rs. 20000 +3600(GST) =Rs. 23600 for Bank Charge Purpose and after that we haven taken  to our GSTR 3B JAN,24 Return Rs. 3600.00 INPUT purpose.

Dated 01/08/2024 bank refund this above amount with GST {i.e. 20000+3600(GST)=23600.00} which they deducted   from us mistakenly dated 11/01/24

Now Our question is

(1)    For the month of AUG,24 GSTR3B return we will reverse this GST Amount for Rs. 3600.00 ?

(2)    Interest will be charged for this GST amount reverse propose?