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ITC reversal

This query is : Resolved 
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(Querist)
03 September 2020 While taking ITC, debit note amount has been wrongly added to ITC. So on reversal of it in next month, will interest will be charged?
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Lekhraj sood

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Lekhraj sood (Expert)
03 September 2020 If you have not used the excess ITC availed then you do not need to pay any interest on reversal.

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