Late Penalty Interest Charged by Supplier
This query is : Resolved
21 January 2022
Sir, Please suggest SAC/HSN code for Late Penalty Interest charged from customer in sale bill
21 January 2022
Interest, late fees or any penalty charged from recipient due to late payment will be the part of value of original taxable supply.
Hence same HSN code applicable as per sale bill.
Hence same HSN code applicable as per sale bill.
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