Excess turnover shown in GSTR3B

[SURYAKANT MITHBAVKAR]

We have filed GSTR-1 for the year 2017-18 showing correct turnover but filling of GSTR-3B by mistake we have calculate the turnover twice and paid GST accordingly.

Now how to rectify the same under GST enable us to take refund on excess paid GST.

[Shilpi Jain]

The excess payment made can be adjusted towards the tax liability of the subsequent tax periods while filing the GSTR-3B.

AI Summary

Excess GST paid due to double-counted turnover in GSTR-3B for 2017-18 can be adjusted in future filings. A query was raised regarding an error in filing GSTR-3B for the financial year 2017-18, where turnover was mistakenly calculated twice, leading to excess GST payment. The correct turnover was reported in GSTR-1. The response suggested that the excess payment could be adjusted against future tax liabilities in subsequent GSTR-3B filings, allowing for a rectification of the mistake and recovery of the excess paid GST.