company has take ITC inadvertently.
now want to reverse it suo Moto
what is rate of interest and penalty to be paid.
it is related to 2017_18
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reversal of itc
Replies (10)
You have to reverse with the interest 24%
reverse it rte 24%
no penalty or any late fee
late fee will arise if you file ur return late.
if you reverse it with interest no penalty wud b levied. however if the deparment gets hold of it it may levy penalty too. so its better that you reverse it as soon as possible
late fee will arise if you file ur return late.
if you reverse it with interest no penalty wud b levied. however if the deparment gets hold of it it may levy penalty too. so its better that you reverse it as soon as possible
late fee will arise if you file ur return late.
if you reverse it with interest no penalty wud b levied. however if the deparment gets hold of it it may levy penalty too. so its better that you reverse it as soon as possible
late fee will arise if you file ur return late.
if you reverse it with interest no penalty wud b levied. however if the deparment gets hold of it it may levy penalty too. so its better that you reverse it as soon as possible
late fee will arise if you file ur return late.
if you reverse it with interest no penalty wud b levied. however if the deparment gets hold of it it may levy penalty too. so its better that you reverse it as soon as possible
late fee will arise if you file ur return late.
if you reverse it with interest no penalty wud b levied. however if the deparment gets hold of it it may levy penalty too. so its better that you reverse it as soon as possible
late fee will arise if you file ur return late.
if you reverse it with interest no penalty wud b levied. however if the deparment gets hold of it it may levy penalty too. so its better that you reverse it as soon as possible
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