Excess itc claimed in fy 17-18

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..... Hi Everyone Can anyone 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. - Repl .....

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..... y By Atul Rathod - The Reply = Yes, 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 Rep .....

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..... ly = Section 50 of CGST Act is very much clear. - Excess itc claimed in fy 17-18 - Query Started By: - Amit Sharma Dated:- 29-1-2020 Goods and Services Tax - GST - Got 3 Replies - GST - Discu .....

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..... ssion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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