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Interest received from supplier gst rate on interest

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(Querist)
09 December 2017 interest received from supplier for delay payment of supply of goods of 12%. pls reply the gst rate on interest.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
09 December 2017 Interest is not covered under GST. So no need to charge GST on Interest

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