wrong gstr 3b

This query is : Resolved

Share Report Follow Query Ask a Query

SAGAR BAJPAI

SAGAR BAJPAI (Querist)
Follow

20 December 2017 sir , I have filed wrong gstr 3b. what to do. can I rectify in gstr 1

Udaya Chandran

Udaya Chandran (Expert)
Follow

20 December 2017 Yes, you can rectify the same in GSTR 1, 2 & 3.

Message likes : 1 times

SAGAR BAJPAI

SAGAR BAJPAI (Querist)
Follow

20 December 2017 will it attract any notice if I do so

Udaya Chandran

Udaya Chandran (Expert)
Follow

20 December 2017 You may need to pay interest.

SAGAR BAJPAI

SAGAR BAJPAI (Querist)
Follow

20 December 2017 what will be the interest rate

Udaya Chandran

Udaya Chandran (Expert)
Follow

21 December 2017 If ITC claimed wrongly or liability reduced, interest @ 24% is payable.

SAGAR BAJPAI

SAGAR BAJPAI (Querist)
Follow

21 December 2017 I had decreased the liability. That means I have to pay interest @24%

SAGAR BAJPAI

SAGAR BAJPAI (Querist)
Follow

21 December 2017 when will it be payable as I had credited the tax amount in cash ledger

Aashok Kumar Sharma online

Aashok Kumar Sharma online

(Expert)
Follow

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.

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

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Ravikumar

DILIP

Vignesh Killur

Amit

Subbiah S

Subscribe Now

wrong gstr 3b

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

GST CONSULTANT

GST CONSULTANCY

Senior Executive

Manager- Finance and Compliance

Accountant

CA Final