What should I do if my Gstr 3B is wrongly submitted?

It is not possible to revise GSTR-3B once filed. But Government has now allowed to ‘Reset GSTR 3B’ through which the status of ‘Submitted’ will be changed to ‘Yet to be Filed’, and all the details filled in the return will be available for editing.

How do you reset a Gstr 3B?

How To Reset GSTR-3B?

1. Note: GSTR-3B is a summary return.
2. Step 1: Log in to the GST portal.
3. Step 2: Under ‘Services’ select ‘Returns’ and then ‘Returns Dashboard’.
4. Step 3: Select the ‘Financial Year’ and ‘Return Filing Period’.
5. Step 4: Click on ‘PREPARE ONLINE’ under ‘Monthly Return GSTR-3B’.

How do you reverse ITC in Gstr-3B?

It is known as an Input tax credit (ITC). If the input tax credit is wrongly claimed, then it should be reversed by making payment to that extent next month.

How do I rectify GST deposited wrong head?

Ideally, for an intra-state supply, the tax collected should be CGST/SGST instead of IGST. To rectify the situation, the person concerned will have to pay CGST/SGST and get a refund of the amount paid as IGST. Note: No interest will need to be paid when the taxpayer pays the correct tax later on.

How do I fill my Gstr-3B nil return?

Procedure for Filing NIL GSTR-3B Return

1. Step 1: Login to GST Portal.
2. Step 2: Select the month of filing.
3. Step 2: Select the month of filing.
4. Step 3: Select prepare GSTR-3B return.
5. Step 4: Ensure that all fields are nil in the return.
6. Step 5: Preview and Submit GSTR3B Return.
7. Step 5: Accept the return summary.

How do you reverse excess ITC in Gstr 3B?

Re-claim of ITC Any interest paid earlier on excess claim of ITC will be refunded by crediting the amount to the recipient’s Electronic Cash Ledger. In case of duplication of ITC claim, no refund will be allowed as it is a contravention of the GST provisions.