i wrongly taken 1lakh credit in Feb return gstr 3b ,can i reverse it now
Menu
ITC reversal
Replies (5)
Yes... With 24% interest...
Note :
In case you are wrongly availed the ITC & set off with payable liability then also the liability will be payable with 18% interest
Note :
In case you are wrongly availed the ITC & set off with payable liability then also the liability will be payable with 18% interest
Yes,In Gstr 3b under other reversal it can be shown.
As Gstr 2 and Gstr 3 is withdrawn,so rules related to them also not applicable.
with this stand no need to pay interest...
As Gstr 2 and Gstr 3 is withdrawn,so rules related to them also not applicable.
with this stand no need to pay interest...
@ Mr Jaskamal.,
Can You give the provisions of Rule...?
for interest need not pay...
Can You give the provisions of Rule...?
for interest need not pay...
Agree with Mr Raja PM Sir
Raja sir is correct
Recent Topics :
- Looking for a study buddy intermediately Jan 2027
- How to correct a NIL GST return filed by mistake w
- Is it legally permissible not to report F&O lo
- Query on FCTRS
- APPLICABILITY AND BREAKDOWN OF GST COMPLIANCE ON S
- Advance for supply of goods
- Question for members: how do you manage client doc
- Clarification Required on Invoicing and Receipt of
- SEBI Registered VS NSDL Registered RTA
- Income tax or capital gain tax for Resident Indivi
Related Topics :
CAclubindia
