Late fee in gst

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

24 September 2018 Dear Experts,
Pls clarify: we Have paid the GST late fee whether it is allowable as expenses in debit side of profit & loss,

Thanks
Ankur

RAJA P M

RAJA P M (Expert)
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24 September 2018 Yes... The Late Fee & Interest of GST is allowable expenses in IT.

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