Gst on interest
Tarun Singhal (151 Points)
24 September 2019should we have to charge gst on that interest
Tarun Singhal (151 Points)
24 September 2019
prasad Nilugal
( GST Practitioner & Accounts )
(14801 Points)
Replied 24 September 2019
As per section 15(2) (d) of the CGST act 2017 The value of supply shall include - Interest or late fees or delayed payments of any consideration for any supply .
please confirm with others also.
Tarun Singhal
(151 Points)
Replied 24 September 2019