Capital Goods

When ?. what is the date of Invoice , you wrongly Claim ITC . 

In this case for the month of May 19 GSTR 3B  mistakenly claimed input tax for capital goods considered salable item. But GSTR 1 NOT filed so far, can I file the correct amount now?  

Pankaj sir,

I have no Credit in my ledger at present. That  ITC I was wrongly claimed  (i.e 9000/- + 9000/--) and declared also sold in the same month. It means  I take 18000/- ITC and sold also 110000/- +( 9800+9800) .

So, now I have to pay interest for the ITC AMOUNT (18000) OR (19800) ?  Also that mistake was May month 19. Now June and July only file August Not filed GSTR 3B .How to do?  please....

18000 x24% =4320/12 x ????.

Bro,

You are wrongly claim ITC 18000. If You are not claimed or entered in ITC column then You will pay Rs. 19600. Right. Now, You only paid rs. 1600.. right...

Then You must be Paid reverse (or paid0 with Interest @ 24% for the amount Rs. 18000

If it's may then

18000 x 24% / 365 x No.of days (upto date or when you date of pay)

***both fy

Yes , for sale value also can file DRC 03 (both regular & Composition) as we does in Annual Return