Tax Depsoited Extra
By mistake while we were filing GSTR 3B we filed tax more than actual.
Eg my tax was 472881 and we filed it as 4772881 due to a typing error.
I did not make cash payment of tax, as I had input tax credit available.
I have filed RFD-1 but I am not getting a refund due to which My ITC is shortfalling now and I will have to make cash payment.
What are the provisions and compliances I need to do to correct this error.
- After you apply RFD, the officer either should process and credit back to your account or reject and your ITC would be restated
- You can adjust this excess payment by reducing in the next month payment as per circular 26/2017
Answer by VenuGopal