hello sir,
over claim of ITC by mistake then in September 2018, how can I revise????
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ITC Revise
Replies (4)
IN GSTR_3B REVERSE ITC
In GSTR-3B of next month you need to reverse ITC along with interest As applicable
which head revise in itc and how much interest
As per my opinion
interest would apply at the rate of 18% on safer side on day basis ,
you need to reverse ITC in the same head under which excess ITC has been claimed of the same amount of excess claimed ITC
interest would apply at the rate of 18% on safer side on day basis ,
you need to reverse ITC in the same head under which excess ITC has been claimed of the same amount of excess claimed ITC
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