Gst on penalty charged by govt
priyanka pal (110 Points)
10 August 2020
whether gst charged on penalty amount when charged by govt.
4 Replies
Asha Kanta Sharma
(Manager - Finance & Accounts)
(36365 Points)
Replied 10 August 2020
No. It doesn't include any GST
priyanka pal
(110 Points)
Replied 10 August 2020
Gst leviable on penalty but exempt via notification no. 62
Bhavika Kothari
(CA)
(1258 Points)
Replied 14 August 2020
No GST is not charged on penalty amount charged by GST
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