Mistakenly shown credit amount in GSTR 3B return

Return 255 views 1 replies
I was mistakenly took credit of IGST in GSTR 3B whiling filing of return in the month of July, 17 and waited for an option of amendment of GSTR 3B to reverse the same, as I was information that govt. would introduce amendment in GSTR 3B. Further on December, 17 3B return, I reversed all the credit amount of IGST. Now the Tax Dept. is demanding interest @ 24% for the period from taking excess credit to reversing the said credit. It was my just my typing mistake. Now what should I do?
Replies (1)
Nothing can be Done In term of Section 73 of CGSt Act, read with Section 50 , you are liable to deposit Interest @ 24% on the same.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Article Trainee

N N V Satish&co

Hyderabad

CA Inter

View Details