sir, in the year Apr, may 2019 my client purchase goods from some one party. but still the date such party not filling gst 1, so input not available at gst 2a, now i have reverse such itc amount along with interest at gst 3b.
my doubt was interest how much sir?
interest mandatory to pay at gst 3b or after notice issued by dept?
how to calculate interest amount ? sir pls explain
No you need not reverse the ITC if your client have invoice of that vendor.
The condition of not claiming ITC if it is not in 2A, was not applicable for April and May month.
CAclubindia
