Interest & Penalty cannot be Imposed if Wrongly Claimed Input Tax Credit (ITC) is Reversed Before Use – Punjab & Haryana High Court Order for Deepak Sales Corporation Legality of Imposing Penalty & Interest When Wrongly Availed ITC is Reversed … Continue reading No Interest or Penalty Chargeable If Wrongly Claimed ITC is Reversed Before Use: Punjab & Haryana High Court Order Dt. 21 September 2023