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Forget to take credit of an invoice in the month of March 2020

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suchinder

student

54 Points Posted on 18 July 2020

Hi,

While filing GSTR 3B in the month of March 2020 we missed one invoice for taking ITC and filed the return.

Please someone suggest how can I revise the return or correct my mistake.

Thanks in advance.

Replies (3)

Quick Summary

If you missed claiming Input Tax Credit (ITC) on an invoice for March 2020 when filing your GSTR 3B, you cannot revise the original return. However, you can claim this missed ITC in a subsequent GSTR 3B return. The credit can be claimed in the next available return, up until the due date for filing the September 2020 GSTR 3B or the annual return filing date for the 2019-20 financial year, whichever comes first.

CA ABHAY GUPTA

Practice

1639 Points Posted on 18 July 2020

You cannot revise the return but you can take the credit of March 2020 before the due date for filing September 2020 GSTR 3B return...so you can claim credit in next very return..

Vijayprakash P

776 Points Posted on 18 July 2020

It is not possible to revise GSTR3B once filed. If you want to amend or revice GSTR3B return, it may be done by filing the GSTR1and GSTR2 for the same month. In other words,Sales has been less or excess reported in GSTR3B the same can be corrected by filing GSTR1 for the same month.

Sagar Patel

Tax and Business Consultant

5533 Points Posted on 18 July 2020

You can't revise the return of March 2020, but you can take Input tax credit of missed invoice of March in next month's return up to due date of filing September 2020 GSTR 3B return or date of annual return of 19-20 whichever is earlier.