Excess claimed itc
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Excess claimed itc

Trusted Member
Joined: 3 years ago
Posts: 66
Topic starter  

Dealer purchases input credit wrong claimed igst rs.3,37,500/-  in gstr3b return for February,2020.

correct input credit claimed igst rs.37,500/-  

Dealer excess itc claimed amount not utilisated .how to adjustment itc  amount shown in columns number in gstr3b return July,2020.interest pay compulsory or not.

Moderator Moderator
Joined: 3 years ago
Posts: 109

Reverse the ITC with 24% interest


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