Ineligible input credit taken during fy 2017-18

This query is : Resolved 

10 April 2019 Should i reverse or pay that input with interest

10 April 2019 You need to reverse credit and pay interest also
Rate of interest is 24% ( Sec 50(3) of CGST Act 2017

10 April 2019 Thankyou Madam,
Was helpfull




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