Is there any penaltyor interest liability on wrong GST Credit Taken But not utilized??
i had taken wrong credit but i already have too much credit so that i had not utilised that wrong credit.
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wrong credit taken but not utilised
Replies (2)
you will not be penalized make reversal of that credit which has been wrongly taken.
but how to reverse?? can u plz tell me procedure... because i claimed it in 3b...now what to do??
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