I HAVE FILED GSTR1 CORRECTLY. BUT WRONGLY FILED GSTR3B WITH MORE INVOICES AND VALUE ALSO HIGH THAN ACTUAL. MAY 2018 AND JUNE 2018. NOW I HAVE TO PAY TAX FOR CURRENT MONTH. CAN I USE THAT EXCESSLY PAID AMOUNT FOR THIS MONTH. HOW TO DO IT.
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GSTR1 Filed Correct but GSTR 3B wrongly filed and paid more tax
Replies (4)
Is the excess payment is in Your Cash Ledger...?
NO SIR I PAID AS GST.
ACTUAL IGST I HAVE TO PAY Rs.129282.00. BUT I PAID Rs.347928.00 ONLINE THROUGH NET BANKING
While filing 3b for this month you can reduce such taxable value and tax thereof .you only need to pay the balance
Hi senthil,
I understand that you wish to take tax adjustment of GST wrongly paid i.e. excess paid.
In this regard, you can lawfully adjust said excess paid GST in the subsequent month GSTR 3B in light of circular no. 26/26/2017 dt 29 Dec 2017. Please keep the reconciliation of the same for future reference.
regards
surjeet
I understand that you wish to take tax adjustment of GST wrongly paid i.e. excess paid.
In this regard, you can lawfully adjust said excess paid GST in the subsequent month GSTR 3B in light of circular no. 26/26/2017 dt 29 Dec 2017. Please keep the reconciliation of the same for future reference.
regards
surjeet
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