We file GSTR 3B filed for the month of Jan-2019 and by clerical error shown excess amount of outword supply and also deposit the tax for the same in form of ITC and cash ledger. for example we shown invoice rs. 100 instead of 10 and also filed GSTR1 .
and we found error in after two month and in the books we corrected the invoice is rs. 10.
now as per our books Debit balance of ITC on Rs. 90 but in GST portal there is no any changes and also itc not available in while in the books ITC due to correct the above clerical error.
so kindly guide us how can we correct the same and used our excess deposit amount.
05 July 2019
In RETURN Taxable Value IGST CGST SGST Total Remark GSTR3B & 1 100000 0 9000 9000 118000 As per Portal Books 1000 0 90 90 1180 AS per books Now -99000 0 -8910 -8910 -116820 Diff
21 July 2024
It seems like you have identified a clerical error in your GSTR-3B and GSTR-1 filings where an invoice amount was incorrectly reported, resulting in an overpayment of GST. Here’s how you can correct this:
### Steps to Correct the Error:
1. **Identify the Error**: Ensure you have correctly identified the error in reporting the invoice amount in your GSTR-3B and GSTR-1 filings.
2. **Prepare Reconciliation**: Compare the corrected invoice amount (Rs. 10 in your case) with what was originally reported (Rs. 100).
3. **Adjustment in Books**: Make necessary adjustments in your accounting books to reflect the corrected invoice amount (Rs. 10). This means your input tax credit (ITC) should correspond to the corrected invoice amount.
4. **Reverse Excess Payment**: Since you have paid GST based on the incorrect invoice amount (Rs. 100), you now have an excess credit balance in your electronic credit ledger.
5. **Utilize Excess Credit**: The excess credit can be utilized for future GST liabilities. Here’s how you can do it: - **GSTR-3B Filing**: In your next GSTR-3B filing, adjust the excess credit against your output tax liability (IGST, CGST, SGST). - Enter the corrected figures (Rs. 10 instead of Rs. 100) in the appropriate sections of GSTR-3B to reflect the correct taxable value and corresponding GST.
6. **Rectification on GST Portal**: You may need to rectify the erroneous filings on the GST portal: - **Amendment in GSTR-1**: If the incorrect invoice details were reported in GSTR-1, you should file an amendment (GSTR-1 Amendment) to correct the details. - **Rectification in GSTR-3B**: If the incorrect details were reported in GSTR-3B, ensure that subsequent filings reflect the correct details.
7. **Documentation**: Maintain proper documentation of the corrections made, including amended returns (if applicable) and reconciliation statements between your books and the GST portal.
### Important Points to Note:
- Ensure that corrections are made promptly to avoid further complications. - If there are any discrepancies between your books and the GST portal, reconcile and rectify them as soon as possible. - Seek assistance from a qualified GST professional or tax advisor if you are unsure about the correction process.
By following these steps, you should be able to correct the clerical error in your GST filings and utilize the excess credit appropriately against future GST liabilities.
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