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Wrong Filing of Credit Note in GSTR 1 & GSTR 3B


Eajaz Ahmad (Accountant)     21 September 2020

Eajaz Ahmad
Accountant 
 21 points

| My Other Post

Sir,
In October 2019, GSTR 1 & GSTR 3B were wrongly filed with A Credit Note, which was not at all issued..
How can it be rectified in this year Returns..
Please help..

avater

NISAR BHAT   21 September 2020

NISAR BHAT

 19 points

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Make amendment and pay tax, then it will be shown in annual return of 2019-20

avater

Sagar Patel (Tax and Business Consultant)     21 September 2020

Sagar Patel
Tax and Business Consultant 
 988 likes  11106 points

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You can rectify this mistake by amending Credit Note through Credit Note amendments column in Current month GSTR 1, As Credit Note was not issued..Put value as Zero in credit note through Amendments Column.

In GSTR 3B you can reverse that in current month return..Add amount of credit note in output Column as earlier you deducted this from output, and pay tax accordingly.

avater

Bhavika Kothari (CA)     28 September 2020

Bhavika Kothari
CA 
 9 likes  319 points

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You can update it in the current month. Please add such amount in your liability and pay interest on the same


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