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Interest on delayed payments / non payments beyond 180 days

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(Querist)
13 September 2019 Is CGST Act amended to give effect to do away with requirement for interest payment on delayed / non payment to vendors beyond 180 days.
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Gokul Sharma

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Gokul Sharma (Expert)
13 September 2019 if payment to vendor is not done within 180 days then gst input should be reversed.
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CA Aditya Sapre

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CA Aditya Sapre (Querist)
13 September 2019 Sir what about interest?



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Gokul Sharma

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Gokul Sharma (Expert)
14 September 2019 its you and your customer agreement to charge or not

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