More input taken than actual

In month of August I took more input than actual, if I adjusted  or reverse in next month, any interest will be payable or not?

Replies (2)
Quick Summary
This discussion clarifies the implications of taking more input tax credit than actually due in a given month. According to Section 50 of the CGST Act, if you adjust or reverse this excess input in the following month, interest will still be applicable. This means that any over-claimed input tax credit will incur interest charges, regardless of subsequent adjustments.

Yes, interest is payable
Yes Interest Applicable as per Section 50 of CGST Act

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