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Excess itc claimed in fy 17-18

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....xcess itc claimed in fy 17-18<br> Query (Issue) Started By: - Amit Sharma Dated:- 29-1-2020 Last Reply Date:- 29-1-2020 Goods and Services Tax - GST<br>Got 3 Replies<br>GST<br>Hi Everyone Can anyone ....

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....tell me if i had claimed excess itc in fy 17-18 and reversed it in march 2019 then there will be need to pay interest in GSTR-9 of fy 17-18 ? Thanks in advance. Reply By Atul Rathod: The Reply: Yes....

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...., you need to pay if you have utilized the said credit. Reply By Ganeshan Kalyani: The Reply: Yes , interest is applicable. Reply By KASTURI SETHI: The Reply: Section 50 of CGST Act is very much c....

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....lear.<br> Discussion Forum - Knowledge Sharing ....