GSTR 3b I wrongly added

While submitting GSTR 3b I wrongly added ITC and adjusted it with credit ledger. I was not supposed to add ITC but added by mistake now my credit ledger has increased and tax liability is decreased. which is wrong … what can i do?

Asked on December 20, 2018 in Miscellaneous.
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3 Answer(s)

It can be corrected only in the return of subsequent month. Also you have to reverse excess availed credit with interest

Answered on December 20, 2018.
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U can adjust in next month

Answered on December 21, 2018.
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Itc will be adjusted to the next month returns if any excess itc after adjustment that itc will surrender to gov Interest must be paid on excess claim itc

Answered on December 21, 2018.
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Your Answer

Gen GST