Excess itc claimed in fy 17-18

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..... Excess itc claimed in fy 17-18
Query (Issue) Started By: - Amit Sharma Dated:- 29-1-2020 Last Reply Date:- 29-1-2020 Goods and Services Tax - GST
Got 3 Replies
GST
Hi Everyone Can anyone .....

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..... tell me if i had claimed excess itc in fy 17-18 and reversed it in march 2019 then there will be need to pay interest in GSTR-9 of fy 17-18 ? Thanks in advance. Reply By Atul Rathod: The Reply: Ye .....

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..... s, you need to pay if you have utilized the said credit. Reply By Ganeshan Kalyani: The Reply: Yes , interest is applicable. Reply By KASTURI SETHI: The Reply: Section 50 of CGST Act is very much .....

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..... clear.
Discussion Forum - Knowledge Sharing .....

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