excess itc claimed
SUMIT KARESIA (155 Points)
20 July 2018
Sir What would be consequences if claimed excess itc without having proper bill ?
2 Replies
CA Naveen Chand
(Chartered Accountant)
(12729 Points)
Replied 20 July 2018
recommend :: reverse it asap in gstr_3b
consequences :: heavy penalty and even imprisonment will be given by law
Vinod Babu
(24191 Points)
Replied 20 July 2018
Agree with Mr Naveen.
Don't do such activity claiming excess ITC without proper bills.
Don't do such activity claiming excess ITC without proper bills.
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