ITC availed unknowingly

ITC / Input 153 views 4 replies
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Student
120 Points Joined June 2017
Are there any consequences for availing credit without proper knowledge of Act but not wilfully or fraudulently???
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On 16 October 2017 at 19:50 Report
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having knowladge is always better 

just refer only some section of gst since if any mistake 

then penalty and interest will impose and tax payer only have to 

bare this

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On 16 October 2017 at 19:58
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Student
120 Points Joined June 2017
sorry I didn't understand
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On 16 October 2017 at 21:24
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Student cum businessman cum professional
859 Points Joined June 2017
You have to pay interest @ 24%
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On 16 October 2017 at 22:21
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Business and tax consultant
3299 Points Joined September 2017
what kind input will you avail without bill
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On 16 October 2017 at 22:54


CCI Pro

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