wrong gstr 3b
This query is : Resolved
20 December 2017
sir , I have filed wrong gstr 3b. what to do. can I rectify in gstr 1
20 December 2017
Yes, you can rectify the same in GSTR 1, 2 & 3.
Message likes :
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20 December 2017
will it attract any notice if I do so
20 December 2017
You may need to pay interest.
20 December 2017
what will be the interest rate
21 December 2017
If ITC claimed wrongly or liability reduced, interest @ 24% is payable.
21 December 2017
I had decreased the liability. That means I have to pay interest @24%
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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