Availing extra input by mistake
This query is : Resolved
Sunil Kumar
(Querist)
01 July 2023
in january 2019 we availed extra input 25 lakh by mistke but not find out and reversed in gst -9 after 20 months then gst officers want us 18% interest of 20 months can there is any other method to avoid it or a less percentage can be apply what is process tell me please
CA R SEETHARAMAN
(Expert)
01 July 2023
No method to avoid it 18% interest is payable.
Request for waiver of penalty on it.
Request for waiver of penalty on it.
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