In GSTR 3B wrongly entered ITC in reversed charged column. Now what are the tax amount i must pay to offset the liability.. please help asap. The file submit before 20-09-17. what are the late fee implication in above case.
Its a huge amount. Nearly Rs.1,75,000 ta pay extra. We already pay the right Tax amount of Rs.47000 . Now for wrong entry the liabiality shows extra Rs.1,75,000,to pay. It is not possible to pay that much extra amount and also block our capital. What are the penal provision for not filing of GSTR 3B for the month of August?
Have you submitted or filed wrong GST3B ?
If you commit any mistake in 3B, dont be panic. File correct GST 1 and this will curb the mistakes of 3B filed earlier.
I submitted it. Not able to filed it because the tax liability can not be offset due to wrong entry of data. What i Should do now?
PLEASE PAY EXACT TAX AMOUNT ALONG WITH LATE FEES (IF APPLICABLE). THEN FILE GSTR 1
ONE OF MY CLIENTS CAME WITH 'WRONG FILED UP GSTR 3B' MADE BY HIMSELF. I HAD NO OPTION TO RECTIFY THE SAME. I FILED CORRECT GSTR 1 FOR THE MONTH AND IT WAS ACCEPTED BY SYSTEM. LATER ON, I WAS ABLE TO DOWNLOAD FINAL SUBMISSION COPY.
CAclubindia
