Interest rate for reversing ITC U/S 17(5)

renji bhasuran (31 Points)

02 July 2020  
ITC taken for blocked credit which was reversed @ 24% interest as per section 50 of the SGST/CGST Act,2017. My doubt it is 18% .please clarify whether it is 18% or 24% ,if 18% which section?