I have claimed wrong credit of SGST insted of CGST in TRAN 1 form.
Is it also possible for me to get Reversal and make the changes, & how?
Whether interest will be charged on it?
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Reversal of ITC for wrong credit in SGST insted of CGST.
Replies (1)
Yes on reversal you have to pay Interest @ 24% per annum
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