Difference in gstr 3b and annual return
This query is : Resolved
antony suraj
(Querist)
23 October 2018
I have filed my September GSTR 3B but now I have identified that accidently I have claimed excess input in the month of March 2018. Is it possible to adjust in annual return and pay tax while filing annual return and avoid the interest and penalty?
Asiya Begum
(Expert)
23 October 2018
If you have utilized such excess credit availed, then don't wait for an annual return. Reverse the same in the subsequent 3B along with interest. However, if the same was not utilized and was just availed then no interest implications will be there.
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