Mistake in filling 3B

[Murari Agrawal]

For the financial year 2017-18 we have wrongly entered the IGST ITC as Import from Overseas. Now we have received notice stating that excess ITC has been availed on that account. The IGST ITC shows unavailed of equal amount. Kindly guide how to reply. Thanks

AI Summary

User Corrects Typo in GST Return; No Penalty for Minor, Non-Fraudulent Error in IGST ITC Claim A user reported a mistake in filing GST returns for the financial year 2017-18, where IGST Input Tax Credit (ITC) was incorrectly entered as an import from overseas. This resulted in a notice for excess ITC availed. Respondents advised providing factual details and documents to the department, clarifying it as a typographical error. It was suggested that the mistake is rectifiable and does not warrant reversing ITC with interest, as it did not cause revenue loss. The error is considered minor under GST laws, which do not impose penalties for such easily rectifiable, non-fraudulent mistakes.