How can we rectify our previous financial year mistake in a current financial year if turnover is under or over reported or wrong reporting of tax in gst return 3B ?
Gst Return-3B
sanjeev batra
How to Correct GST Return-3B Errors from Past Year: Adjust in Current Return, Consult Circular 26/26/2017-GST A user inquired about rectifying errors in GST Return-3B from a previous financial year, specifically regarding incorrect turnover reporting or tax reporting. One respondent suggested that since GSTR-3B is provisional, adjustments can be made in the current month's return, but interest may be due if tax was underpaid. Another respondent advised consulting Circular 26/26/2017-GST, dated December 29, 2017, for guidance. (AI Summary)