1-Taxpayers who wrongly availed ITC are not liable for Interest until they utilized the same for payment of GST liability
2- A decision from retrospective date (01.07.2017) has been taken to provide relief to the taxpayers where interest has to be paid from the day when it has been wrongly utilized
3- Rate of interest on wrongly availed and utilized ITC has been reduced to 18% from 24% we.f. 01.07.2017.
Source-https://twitter.com/cbic_india/status/1676491449641336832
