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Excess gst input claimed

This query is : Resolved 

13 March 2019 I have claimed a total of 75k excess input credit in the year F.Y 2018-19, due to non receipt of Credit Notes from suppliers. I have Unutilized input credit of around 2.5 Lac into my GST Portal in the whole year. Am I still be liable to pay interest if I reverses the excess credit in the February return?

Or can I simply reverse the excess input without paying interest on it?

15 March 2019 It wont be an issue as i think you have already enough input and no liability will arise because of the credit ledger,


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