GST LEVIABLE ON PENALTIES/ LD
ISAK MADEENAVALI (19 Points)
18 August 2017
is it gst is to be deducted on penalties collected from contract bill for delayed services or supplies
1 Replies
Ganapathi Rajendran
(122 Points)
Replied 18 August 2017
GST is payable on late fee , interest , penalty collected from buyer / contractor - pl see section 15 ( d )
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