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GST ITC interest

243 views 5 replies
undue or excess claim of ITC will be charged at 24/% interest. Undue ITC means??????
Replies (5)

Undue ITC means Without tax invoice or when no tax invoice is available with you.

Invoice for Oct claimed in sept will also be covered in undue ITC

Thank you

Most welcome keep asking it refreshes the basics

Wrongly claimed , not eligible to avail , block u/s 17(5)


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