I have mistakenly claimed itc of restaurant which come under 5% rate in november 3 B
so ,is there any solution now
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Have claimed itc under 5% rate of restaurant
Replies (8)
Reverse the same in next GSTR 3B return with interest...
Thanks sir,and may I know the internet
The Rate of Interest on ITC Reversal is 18%
Rate of Interest @ 24% for excess claimed ITC...
Yes it will be 24% since it is a case of undue claim of ITC. Interest @ 18% is levied if gst return not filed within the due date .
Thank You Raja Sir for rectifying me.
Thank You Raja Sir for rectifying me.
@ Mr Shivam RC.,
You are most welcome dear...
You are going very good in CCI... Keep it Up Dear...
You are most welcome dear...
You are going very good in CCI... Keep it Up Dear...
Thank you sir for helping me
| Originally posted by : sanjana raheja | ||
 |
Thank you sir for helping me |  |
You are welcome
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