GST ITC interest
RAVINDRA POLANKI (Student CA Final/Tax consultant/) (51 Points)
21 October 2020
undue or excess claim of ITC will be charged at 24/% interest. Undue ITC means??????
RAVINDRA POLANKI (Student CA Final/Tax consultant/) (51 Points)
21 October 2020
CA. Heet Shah
(Tax Consultant & Practitioner)
(6180 Points)
Replied 21 October 2020
Undue ITC means Without tax invoice or when no tax invoice is available with you.
CA. Heet Shah
(Tax Consultant & Practitioner)
(6180 Points)
Replied 21 October 2020
Invoice for Oct claimed in sept will also be covered in undue ITC
CA. Heet Shah
(Tax Consultant & Practitioner)
(6180 Points)
Replied 21 October 2020
Most welcome keep asking it refreshes the basics
Pankaj Rawat
(GST Practitioner)
(55047 Points)
Replied 21 October 2020
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
CAclubindia
