suppose if I took rs 5000 extra ITC for done a double purchase entry mistake
then how much penalty I have to pay and how much is the interest rate is?
Md saif Ali (34 Points)
07 December 2020
APURBA CHATTERJEE
(QUALIFIED CHARTERED ACCOUNTANT)
(602 Points)
Replied 08 December 2020
Rate of interest will be 18% p.a. vide Notification no. 13/ 2017 Central tax Dated 28 June 2017 ,
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
CAclubindia
