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7. Form WW with financial statements of accounts viz., trading account, profit and loss account and balance sheet with schedules duly audited and certified by Chartered Accountants filed for the given period may be called for to identify the quantum of undue enrichment of input tax credit.

8. Provisions of section 19(20) will extend only to reversal of excess ITC. In order to tackle evasion of taxes, if there is a case of selling at a price abnormally below prevailing market price, the provisions of section 24 of the act have to be invoked by the assessing authorities taking into account concrete evidence available to such effect. Invoking of section 19(20) is not sufficient.