i had claimed excess itc in tran 01 in the month of November, now I want to reverse that excess itc.
plz give me a solution.
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tran -01
Replies (1)
U cant , because u must have got credit in CGST part , & now alone cgst cannot be reverse , .. better to put the mail to HelpLine , contact to ur juridiction officer.
advisable not use the excess credit wrongly taken & deposit the interest @ 24%
advisable not use the excess credit wrongly taken & deposit the interest @ 24%
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