https://www.taxtmi.com/forum/issue?id=114182 Whether interest is payable on wrongly availed IGST input tax credit and whether it applies only to utilised credit or to the entire availed amount. The document notes statutory provisions requiring payment of interest on delayed tax or on undue or excess input tax credit, prescribes interest calculated from the date the credit was wrongly availed until reversal, and records a competing view that rectification rules and portal-detection provisions may bear on voluntary reversals. en-us Wed, 26 Sep 2018 12:17:28 +0530 Thu, 23 Jan 2025 15:55:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=114182 Whether interest is payable on wrongly availed IGST input tax credit and whether it applies only to utilised credit or to the entire availed amount. The document notes statutory provisions requiring payment of interest on delayed tax or on undue or excess input tax credit, prescribes interest calculated from the date the credit was wrongly availed until reversal, and records a competing view that rectification rules and portal-detection provisions may bear on voluntary reversals. Discussion-Forum GST Wed, 26 Sep 2018 12:17:28 +0530 https://www.taxtmi.com/forum/issue?id=114182