As per system generated GSTR 9 there's a difference of Rs.450 ITC (excess claimed). Without digging deep, i want to pay this amount to avoid any notices. Now my question is 1)how do i pay this and in which table to show? 2) How to calculate interest on this....i.e. from which day?
Hope u guys answer.....Thanks.
Menu
Excess ITC (2017-18)claimed interest
Replies (2)
show short in Table 6 and make paymenr through DRC-03 either utilising credit balnce or cash balance. interest @ 24% is applicable from due date of month in which excess calimed till payment date.
Thanks. But the thing is i have matched my GSTR 2 with system generated GSTR 2A month wise and bill wise. Apart from some round off differences (e.g. 0.20 paise, 0.05 paise etc.) there is no mismatch between the tax amount of GSTR 2 vs GSTR 2A. Also there is no credit/debit note by supplier which i missed. So, my question is if i cannot pin point since when I claimed excess ITC, how can I calculate the interest. Hope u guys answer. Thanks again.
Note: Even if all the rounded off fractions are added, the total difference cannot be more than...say Rs.10.
Recent Topics :
- Who will take FSSAI AND TRADE LICENSE: owner or te
- E Way Bill in respect of Without Bringing Material
- FAST DS 2026 query
- Consultation
- E-way notices for FY 22-23
- Gst file not created
- Regarding 3CEB query
- Omitted E-Commerce Sales Reported in Table 14 but
- Omitted sales shown in GSTR-1 Table 14 but not in
- EWAY BILL TAKE OUT OF OTHER COMPAMY
Related Topics :
CAclubindia
