Dear All,
I committed a blunder while submitting gstr3b.
INSTEAD of entering into 4(A) (5) under (5) All other ITC of purchases, mistakenly entered those details into column 4 (B) (2). , i.e. into ITC REVERSED (2) Others.
THAT IS i entered my purchase input credit as itc reversed,
therby it has a negative effect on my tax and i have to pay 2x more tax and also my itc credit is gone in form gstr3b.
kindly suggest me what is to be done.
my actualy tax to be paid would have been 609 only. but now its 162448 payable.
i am not able to edit the gstr3b. what shall i do now?
proceed and pay the 162448 instead of 609? or skip filing the return? or any other way to reset the form?
also tell me what will happen if i pay 162448. will i get refund after filing gstr1 ?
kindly reply. i m in huge dilemma.
thank you friends.
CAclubindia
