I have claimed excess ITC which I reversed in table 7 ...but I didn't ask me to pay interest on such excess ITC claimed and PROCEED TO FILE button is enabled...
please let me know why I am not being asked to pay interest on excess ITC claimed
Menu
annual return late fee
Replies (4)
Annual Return (GSTR_9) Late Fee is 100 per day under SGST/UT and subject to maximum 0.25% of the turnover of the company .
In your case , you have to pay 24% of the excess itc claimed.
where to show such interest payment in annual return
compute liability
I will compute and pay...but it will not be shown in annual return?
Recent Threads
- How to Increase Website Traffic Effectively
- Property value in 26QB
- Form 26QB Multiple Buyer/Multiple seller
- Company Formation for clothing business
- TDS on purchase 194Q
- Compensation for urban land acquisition
- Understanding section 269st
- CASH AS GIFT OR FD AS GIFT
- NPS Pre Maturity full exit taxation rules
- Planning to ceased a Business
Related Threads
CAclubindia
