Hello,
What are the penal provisions and the interest rate for wrong avilment of input tax credit now rectified.
Hello,
What are the penal provisions and the interest rate for wrong avilment of input tax credit now rectified.
SUGESSTION :: REVERSE THE ITC ASAP IN THE NEXT MONTH RETURN
Thanks for the answer.
What is the interest rate that is charged?
Also, what are the penal provisions if the notice is served before payment?
okay. is the interest rate 24%?
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