State GST dept served notice to us, for Taxpayer has claimed ITC on inward supplies from Nil filers or Non-filers of GSTR 3B. Hence, SGST & CGST ITC of Rs.*****/-has to be Disallowed as detailed below
In this regard, the amount of tax/interest/penalty payable by you under section 74(5) of APGST Act with reference to the said case.
our question is when we are having sufficient CGST & SGST balance, the question of Interest does not arise, and why we want to pay penalty, for supplier defaulted to pay the tax to the govt.
please check and clarify.