Question 56:

The accountant of a assessee while claiming input on rent of Rs. 3,20,000 ( being SGST-28800 and CGST 28800) has taken Rs. 3,20,000,28800 & 28800 in IGST, CGST & SGST column respectively during the month of Oct 17 in 3B. The said amount of Rs. 3,20,000 is shown as input credit till date in the credit ledger of the assessee.
The returns for the period upto 31-03-2018 have been filed. How this mistake be rectified?

Answer 

 Input Tax credit when availed in excess shall be added back to the output tax liability in the succeeding GSTR-3B. and can be paid through cash payment or through ITC along with interest but interest shall always be paid in cash.
So the amount of Rs 320000 wrongly claimed as IGST credit is required to be added in the output tax liability of the succeeding GSTR-3B and can be paid through cash or using ITC along with interest. but interest is to be paid in cash

Please note succeeding month means any month comes after the month in which return is filed it does not mean next month only (reply dt 05/12/2018)