Interest under gst
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 August 2017
If I Pay interest on a sales due bill above a certain period of days will I have to deduct GST along with TDS on the interest amount or just have to deduct the TDS.?? And if GST have to be deductaed that in which return it has to be shown GSTR-1 or GSTR-2.?
Plz Reply and Thank You.
Plz Reply and Thank You.
03 August 2017
Interest on sale bill is not in GST or any Tax law.
It's only for those party ll be dealing Business purpose only......
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