interest

20 April 2018

the notification prescribing interest as 18 and 24 is applicable in which case

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3 Replies

CA Deepak kumar (Chartered Accountant) (121 Points)
Replied 20 April 2018

Interest @ 18% - in Case where Tax is deposited after due date (i.e delatyed payment of GST)

Interest @ 24% - In case where ITC is claimed in excess

Thank You

CA Deepak kumar (Chartered Accountant) (121 Points)
Replied 20 April 2018

Interest @ 18% - in Case where Tax is deposited after due date (i.e delatyed payment of GST)

Interest @ 24% - In case where ITC is claimed in excess

Thank You

CA Mayur Todmal (Practicing CA) (7756 Points)
Replied 20 April 2018

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