Is interest charged for delayed payment is taxable under gst

This query is : Resolved 

26 July 2019 Sir/Madam,
In interest charged for delayed payment is taxable under GST, if yest what will be the rate. Moreover interest charged by bank against loan is not showing the GST rate.

26 July 2019 YES DELAY PAYMENT OF GST INTEREST CHARGED 18%



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries