Dear Sir/Mam,
Please suggest me the adjustment,
in case if i wrongly claim the input of capital goods which as per gst act is not allowable.
Pls suggest me in which column of GSTR 3B, i would reverse the same and rate of Interest if any.. i have to pay.
Pls resolve it on urgent basis.
Thanks in Advance.
Reversal of wrongly claimed input of Capital Goods.
Replies (1)
Reverse it in 3b under table 4 , Row B (2). or can also be reverse by Filing DRC 03 , online on portal.
Interest payable @ 24% As per section 50 CGST Act
Interest payable @ 24% As per section 50 CGST Act
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