Reverse of wrong availed input
This query is : Resolved
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jaigurudev
(Querist)
29 October 2020
dear sir, i have availed some wrong input in 2018-2019 feb. and reverse the same in 2019-2020 feb. through gstr-3b.is their any time limit for reversal of input?i have already full balance in my credit ledger and payable is nil till reverse of input .is still int. payable?
with thanks
with thanks
CA R SEETHARAMAN
(Expert)
29 October 2020
No interest payable in such a case.
No time limit.
No time limit.
jaigurudev
(Querist)
29 October 2020
thankssssssssssssss for your advice
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