Interest on Wrong Availment of IGST Credit : CBIC CIRCULAR NO. 192/04/2023-GST
CLARIFICATION ON CHARGING OF INTEREST UNDER SECTION 50(3) OF THE CGST ACT, 2017, IN CASES OF WRONG AVAILMENT OF IGST CREDIT AND REVERSAL THEREOF CIRCULAR NO. 192/04/2023-GST [F. NO. CBIC-20001/5/2023-GST], DATED 17-7-2023 References have been received from trade requesting for clarification regarding charging of interest under sub-section (3) of section 50 of the Central Goods and… Read More »