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Interest rate for Annaul Return Gstr9

kma ibrahim (73 Points)

10 August 2019

Interest rate for Annaul Return Gstr9 excess ITC availed and shortfall of output tax

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9 Replies

Nilkesh kumar (no) (192 Points)
Replied 11 August 2019

18% rate is

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Pankaj Rawat (GST Practitioner) (55047 Points)
Replied 11 August 2019

As per Sub-section (3) of Section 50 of CGST Act , it's 24%
if Undue/excess claim of Input or Undue/Excess reduction in output Tax liability

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subhagan sreerangam (7040 Points)
Replied 11 August 2019

good clarification and information

Shivam RC (Student) (23683 Points)
Replied 11 August 2019

Respected Subhagan Sreerangam Sir,

It has been noticed for a couple of weeks that you are constantly posting the comment "GOOD CLARIFICATION AND INFORMATION " , for increasing your points. Kindly answer the question asked by the querist without just writing "good clarification and information"..

Please abide the rules and regulations of this group. All the members, employees, executives of caclubindia are trying their level best to make this app as the Best Professional Application.

I have no intention to hurt you Sir..

Thank You.

Warm Regards.

Piali Roy Chowdhury (605 Points)
Replied 11 August 2019

Absolutely agree with Shivam RC...

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Pankaj Rawat (GST Practitioner) (55047 Points)
Replied 11 August 2019

Mr. Shivam RC agree with you but
I don't think he is going to stop posting useless reply.

subhagan sreerangam (7040 Points)
Replied 11 August 2019

good clarification and information

Piali Roy Chowdhury (605 Points)
Replied 11 August 2019

@ Pankaj Sir , What is the procedure to complain about the non sense started by Mr Subhagan Sreerangam to caclubindia ??? In spite of giving warning the same problem persists