22 April 2024
One of our clients erroneously added an extra '0' in the taxable amount when filing the GSTR-3B for February 2024 using ClearTax software. The actual turnover (T.O) reported under GSTR-1 was 22.00 lakh, but it was incorrectly filed as 220.00 lakh in GSTR-3B (table 3.1)
Although they can adjust the excess turnover under Mar,2024 GSTR3B by (-) excess T.O which is erroneously filed under Feb, 2024 GSTR3B but the T.O for the Mar, 2024 month is 13.00 Lakh, here they are not able to adjust the difference amount and also Table 3.1 is not taking (-) figures.
22 April 2024
In my opinion.,Don't adjust in Gstr3b as there is no such mechanism to adjust. You can explain to tax authorities in case you receive any notice. Additionally, you can voluntarily write a letter to your jurisdictional range office informing them about this error and seeking a solution (solution which even they cannot provide: but atleast you have communicated them yourself before they discovery about the same)
20 May 2024
In your case the problem is that you have reported excess turnover in 3B and if corresponding tax amount is also declared in excess then you can only adjust in next month's 3B only to the extent of actual turnover in that month as 3B won't take negative figures. Then remaining amount can be adjusted in subsequent month or months as the case may be. If you do that yoy need to make a note of that for future reference and show correct figures in GSTR-9 even if it is not mandatory in your case. On the other hand if only taxable value is erroneously reported and corresponding tax liability is correctecly reported then there is nothing to worry as in any case the tax is correctly reported and set off.
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