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More input taken than actual


ABHIJIT MANNA (ACCOUNTANT)     28 October 2020

ABHIJIT MANNA
ACCOUNTANT 
 13 likes  334 points

| My Other Post

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?

JATINDER KUMAR (Accountant)     28 October 2020

JATINDER KUMAR
Accountant 
 173 likes  2437 points

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Yes, interest is payable

avater

Pankaj Rawat (GST Practitioner)     28 October 2020

Pankaj Rawat
GST Practitioner 
 3602 likes  48834 points

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Yes Interest Applicable as per Section 50 of CGST Act


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