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Wrong credit taken
What if a person had taken excess credit by mistake in the month of january. What to do now?
Replies (4)
issue debit note in the return of the month the defect was identified and reverse the credit and pay interest as per section 50 from the 21st of january till the return for the relevant month the defect is identified and filed
Rate of intt. is 24% in case excess ITC wrongly avail
You can modified in return gstr-3
it is only gstr-3b
it is only gstr-3b
Thank you all for your valuable suggestions
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