Dear sir,
If a registered person excess claimed the ITC in tran 1 than availability,
what is the interest rate on this excess amount if we reverse it today.
regards
Harish
If the ITC was utilised then interest rate is 18% otherwise if not utilised then there is no interest
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
View Details
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
View Details
CAclubindia
