Dear Sir,
Please let us know the HSN code for Interest on late payment.
No specific HSN code under the GST.
Venkata Rao Sanumoori (101 Points)
30 July 2024
CA Anoop Kumar Sharma
(Accounts Manager)
(1985 Points)
Replied 30 July 2024
No specific HSN code under the GST.
Venkata Rao Sanumoori
(101 Points)
Replied 30 July 2024
CA Anoop Kumar Sharma
(Accounts Manager)
(1985 Points)
Replied 30 July 2024
In my opinion, Advance ruling ruled are binding only on the specific person involved, not on everyone. The HSN code for 999794 pertains to agreeing to tolerate an act not specify for interest.If you have any doubts, I recommend consulting with an expert for further advice.
CA Anoop Kumar Sharma
(Accounts Manager)
(1985 Points)
Replied 30 July 2024
In my opinion, Advance ruling ruled are binding only on the specific person involved, not on everyone. The HSN code for 999794 pertains to agreeing to tolerate an act not specify for interest.If you have any doubts, I recommend consulting with an expert for further advice.
CA Anoop Kumar Sharma
(Accounts Manager)
(1985 Points)
Replied 30 July 2024
you are welcome..my pleasure
CAclubindia
