| Originally posted by : luv malik | ||
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Hi, I had an invoice pending for payment which has outstanding interest of Rs. 90,000. Interest for delayed payment for the period: Oct 2015 (other demands have been paid) Date of Invoice : 20-10-2016 Date of Payment : 03-10-2017 Is gst applicable? Read more at: https://www.caclubindia.com/forum/details.asp?quote=1748491&mod_id=431764#reply |
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No...
GST not Applicable for Outstanding Payments...
So, Cool..... Also GST not applicable for Any Interest...
Read more at: https://www.caclubindia.com/forum/details.asp?mod_id=431764&offset=1
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