Wrong ITC Availment Fy-18-19
It is adjusted With ITC , is this possible?
Menu
Show Cause demand notice
Replies (4)
Need more details. can't adjust it with current itc
No... It's not possible.
In DRC-03 its possible. However if during the period of availment till reversal if such excess ITC was utilised then interest is payable on such ITC from the date of utilisation to the date of reversal.
File Drc-03, SCN DRC-O1 Notice will come in futur,
Recent Threads
- ITR not processed for the FY 2024-25
- Gift of money to my wife.
- Tax Audit If you show Loss
- GST Tax invoice Value Rs..234000
- Can I claim benefit under 54F if I sell my equity
- Income tax refund 25/26
- Who is responsible for paying GST Liability (If th
- Excess Payment on RCM
- AOC4 auto population of previous year data
- Exports against INR PO payable by Domestic Company
Related Threads
CAclubindia
