wrong gstr 3b
This query is : Resolved
SAGAR BAJPAI
(Querist)
20 December 2017
sir , I have filed wrong gstr 3b. what to do. can I rectify in gstr 1
Udaya Chandran
(Expert)
20 December 2017
Yes, you can rectify the same in GSTR 1, 2 & 3.
Message likes :
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SAGAR BAJPAI
(Querist)
20 December 2017
will it attract any notice if I do so
Udaya Chandran
(Expert)
20 December 2017
You may need to pay interest.
SAGAR BAJPAI
(Querist)
20 December 2017
what will be the interest rate
Udaya Chandran
(Expert)
21 December 2017
If ITC claimed wrongly or liability reduced, interest @ 24% is payable.
SAGAR BAJPAI
(Querist)
21 December 2017
I had decreased the liability. That means I have to pay interest @24%
SAGAR BAJPAI
(Querist)
21 December 2017
when will it be payable as I had credited the tax amount in cash ledger
03 August 2025
Yes, since you've understated your liability in GSTR-3B, the interest @24% p.a. is payable on the short-paid amount from the due date of the return till the date of payment, as per Section 50 of the CGST Act.
🔍 Here's how it works:
✅ When is interest payable?
From: The due date of the original GSTR-3B filing (e.g., 20th of the following month).
To: The actual date you pay the tax (using the cash ledger or ITC).
✅ How to make the payment?
If you've already deposited tax in the cash ledger, but not offset it via GSTR-3B, you still need to:
File the correct amount in the subsequent GSTR-3B.
Pay the interest manually via Form DRC-03.
🧾 Steps to pay interest using Form DRC-03:
Login to GST portal.
Go to Services > User Services > My Applications > DRC-03.
Select “Voluntary Payment”.
Choose the type of liability: “Interest”.
Select “Annual Return” or “GSTR-3B correction” as applicable.
Calculate interest (24% p.a.) manually and enter it.
Pay via electronic cash ledger.
Submit with digital signature or EVC.
⚠️ Important Notes:
Rectification cannot be done in GSTR-1 if it’s related to overall tax liability or ITC — GSTR-1 is for invoice-level outward details.
GSTR-3B once filed cannot be revised. Errors must be corrected in the next month's GSTR-3B.
Paying interest voluntarily via DRC-03 reduces chances of penalty or departmental notice.
🔍 Here's how it works:
✅ When is interest payable?
From: The due date of the original GSTR-3B filing (e.g., 20th of the following month).
To: The actual date you pay the tax (using the cash ledger or ITC).
✅ How to make the payment?
If you've already deposited tax in the cash ledger, but not offset it via GSTR-3B, you still need to:
File the correct amount in the subsequent GSTR-3B.
Pay the interest manually via Form DRC-03.
🧾 Steps to pay interest using Form DRC-03:
Login to GST portal.
Go to Services > User Services > My Applications > DRC-03.
Select “Voluntary Payment”.
Choose the type of liability: “Interest”.
Select “Annual Return” or “GSTR-3B correction” as applicable.
Calculate interest (24% p.a.) manually and enter it.
Pay via electronic cash ledger.
Submit with digital signature or EVC.
⚠️ Important Notes:
Rectification cannot be done in GSTR-1 if it’s related to overall tax liability or ITC — GSTR-1 is for invoice-level outward details.
GSTR-3B once filed cannot be revised. Errors must be corrected in the next month's GSTR-3B.
Paying interest voluntarily via DRC-03 reduces chances of penalty or departmental notice.
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