Interest can be levied if ITC wrongly availed but not utilized?

Ashish Miglani , Last updated: 12 August 2021  
  Share


Section 50: Interest on delayed payment of tax Every person who is liable to pay tax in accordance with the provisions of this Act or the rules made there under, but fails to pay the tax or any part thereof to the Government within the period prescribed, shall for the period for which the tax or

You have reached daily limit of 2 Free Articles. To view this or other Articles please subscribe to CCI PRO :

GST Plus

Stay updated! Stay ads free

Browse CAclubindia ads free.
Latest updates on WA.
Daily E-Newsletter and much more.

CCI PRO annual subscription :

Original Price : INR 2999/-

Offer Price : INR 1999/-

Duration : 1 year
(Prices Inclusive of GST)


Know More

Note: If you are a PRO member already, please click here to login (for ad free experience)

CCI Pro

Published by

Ashish Miglani
()
Category GST   Report

  4515 Views

Comments


Related Articles


Loading


Popular Articles




CCI Pro

Follow us

CCI Articles

submit article