Easy Office
LCI Learning

Interest Payable u/s 73(5) of CGST Act 2017

This query is : Open 
Profile Image

Profile Image

(Querist)
13 May 2024 For FY 19-20 there was wrong availment of ITC credit in terms of section 16(4) of CGST Act 2017
GSTR 3B for March 20 was filed on 08.04.21 and as per notice last day for availing credit was 20.10.20

My question is how much interest needs to be paid u/s 73(5) of CGST Act 2017
Profile Image

CA Altamush Zafar

Profile Image

CA Altamush Zafar (Expert)
13 May 2024 18% from date of availment i.e. 8.4.2021

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links