GST Interest if Payment not made in 180 Days
One of our client had not reversed ITC beyond 180 days as per Rule 37 of CGST Rules 2017. However, he made complete payment to seller on 210th day. Query- 1)Whether Interest/penalty will be levied in above case ? 2) If yes, whether for 30 days (210-180) OR For entire 210 days ? Answer :… Read More »