INTEREST

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I have claimed 10000 excess ITC in GSTR-3B and utilised 5000 from that excess ITC and 5000 remained unutilized in electronic credit ledger.
In the next month I have reversed the full excess ITC claimed i.e. 10000

So on which amount I should pay the interest

1. 10000/- which I have claimed
or
2. 5000/- which I have utilised
Replies (2)
1. 10000 which u wrongly utilised or 24% interest p.m.
@ Saurabh Sawlani.,


10000 which wrongly utilised "AND" 24% interest p.m


CCI Pro

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