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GST on Interest Income

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(Querist)
31 March 2020 Respected Sir,
In my business private limited company, there was a case under litigation from which (sundry debtor) I received the whole amount with interest . So my question is that should I need to pay GST on interest income earned.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
01 April 2020 Yes GST payable on such income.
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Spurto Consultancy Services

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Spurto Consultancy Services (Expert)
01 April 2020 Yes, GST will be applicable on the interest income
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CA Suresh Jain

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CA Suresh Jain (Expert)
02 April 2020 Yes, GST is payable on interest received on delayed payment of supply of goods or services.

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