Wrong ITC Claimed

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If Someone Has Claimed ITC Of Taxable Value By Mistake What Are the options To Amend The Same??
Replies (6)
In next month return (3B) reverse the wrong amount claimed in current month return in ITC table.
What About Interest For Wrong Claim?
Interest will be applicable at 24% rate on excess itc claimed.
Interest Will Be Too High.. Any Other Options?
No other option..If u find int amount too high then jst reverse the excess itc and don't pay int.
Interest Will Be Too High.. Any Other Options?

Are you asking for discount.
Bhaiyaa bahot mahega he... thoda discount kar do
.....hahaa😂🤣
just kidding


CCI Pro

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