Save Rs 588 on a 2-Year Ad-Free CAclubindia Pro Membership. Subscribe Now!

Wrongly Filed Nil GSTR3B

444 views

Save Share

Santhosh

Branch Accountant

94 Points Posted on 18 December 2023

We are starting a new Gym . We are in the process of setting up the Gym.
So no sales yet but we have capital assets purchases . So Last month though we had Purchases I wrongly filed Nil Gstr3B.

How can I rectify. Pls advise.

Replies (2)

Quick Summary

If you've mistakenly filed a Nil GSTR3B for your new gym, even with capital asset purchases, you can rectify this. The advice is to claim the missed Input Tax Credit (ITC) in your subsequent GSTR3B return. It's also recommended to keep records of the ITC available for potential queries.

RAJA P M

"Do the Right Thing...!!!"

128162 Points Posted on 19 December 2023

As per my view,

Claim the missed details in Your next GSTR 3b return. And keep details of the ITC available/claim for reference if TO issue notice...