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GST ITC interest
undue or excess claim of ITC will be charged at 24/% interest. Undue ITC means??????
Replies (5)
Undue ITC means Without tax invoice or when no tax invoice is available with you.
Invoice for Oct claimed in sept will also be covered in undue ITC
Thank you
Most welcome keep asking it refreshes the basics
Wrongly claimed , not eligible to avail , block u/s 17(5)
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