I have claimed excess ITC which I reversed in table 7 ...but I didn't ask me to pay interest on such excess ITC claimed and PROCEED TO FILE button is enabled...
please let me know why I am not being asked to pay interest on excess ITC claimed
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annual return late fee
Replies (4)
Annual Return (GSTR_9) Late Fee is 100 per day under SGST/UT and subject to maximum 0.25% of the turnover of the company .
In your case , you have to pay 24% of the excess itc claimed.
where to show such interest payment in annual return
compute liability
I will compute and pay...but it will not be shown in annual return?
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