How to Correct GSTR-3B?
The deadline for filing the first GST return, the Form GSTR-3B ended last month on dates August, 25 and August, 28, 2017. Yet, there are many businesses which are still in the process of filing Form GSTR-3B. This being the first GST return and understating the plight of the businesses, the committee has decided to waive the late fee for all the businesses who could not file GSTR-3B for the month of July 2017. However, for late payment, an interest at maximum of 18% will be levied. Form GSTR-3B is the first return, some mistakes or errors are expected in its filing process. Few examples are listed below. “I missed out on adding some outward supplies before arriving at my […]