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3b help

20 September 2017

my ca has filed wrong 3b for my firm. there was igst itc of 2 lacs but he dint mention in return. now he is asking me to pay the tax of rs 1.5 lacs. what shall i do now
pls help me the way out

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35 Replies

Gyanendra Singh (46 Points)
Replied 20 September 2017

you can pay this month but you have option to claim this money in next month

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Rajat Khanna (86 Points)
Replied 20 September 2017

sir its a big amount and it ll take a hell lot of time to claim that money in the next returns.

fahad ahmed (6 Points)
Replied 20 September 2017

Same thing happened with me , but there is only 56000 Rs . you may wait for time and there may be relaxation in penalty and after filling GSTR 2 you may get balance in electronic credit ledger. than after you can file GSTR 3b

Rajat Khanna (86 Points)
Replied 20 September 2017

but still for tht itc to claim i hv to wait for many returns.
moreover till now even july gstr is not done when ll August come

RAJA P M ("Do the Right Thing...!!!") (128101 Points)
Replied 21 September 2017

The sad moment we ll be pay Tax liability as per GSTR 3B. Then only file other...

Finally you ll be contact your local circle office. They ll be help

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Rajat Khanna (86 Points)
Replied 22 September 2017

now what if in the sep 3b I sumbit the ITC left in the aug month with that of sep.

RAJA P M ("Do the Right Thing...!!!") (128101 Points)
Replied 22 September 2017

You can use it in Sep return...

Sudhaakar kanchi (accountant ) (77 Points)
Replied 23 September 2017

i submitted gstr 3b and i cant able set off my ITC against liability and it showing balance available in ITC ledger but cant set off what can i do pl suggest me

RAJA P M ("Do the Right Thing...!!!") (128101 Points)
Replied 23 September 2017

@ Kanchi Sudhaakar.,

What your exact transactions....?!

Also my assumption is you must pay RCM related taxes as cash payment and also pay cash to late fee....

Sudhaakar kanchi (accountant ) (77 Points)
Replied 23 September 2017

I paid RCM also when i going to adjust ITC against liability autometically massage showing insufficiant funds in ledger but balance showing ITC ledger

outwars supply liability

IGST - 1013695/-

CGST - 491294/- inc RCM ( RCM 3458/-)

SGST - 491294/- inc RCM ( RCM 3458/-)

Available ITC

IGST - 739245/-

CGST - 501661/-

SGST - 501661/-

and i paid Tax Liabilty 247000/- inc late fee

and paid RCM Tax 6916/- and now cash balance available in ledger 260919/-

what can i do sir ??