Case law relating unitised itc
Tejpal Jain (197 Points)
18 March 2022pls suggest case law relating that gst has no right to claim interest and penalty on unitised ITC.
Tejpal Jain (197 Points)
18 March 2022
Manojit Ghosh
(12 Points)
Replied 18 March 2022
CA Altamush Zafar
(GST Consultant)
(15986 Points)
Replied 19 March 2022
It is still not passed as an Act. Wait for sometime and dont pay interest. As soon as the budget will get passed no interest on reversal of unutilised ITC
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