Hi,
I have 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?
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Applicability of gst on interest for delayed payment
Replies (2)
| Originally posted by : luv malik | ||
 |
Hi,
can someone please revert |
 |
No...
GST not Applicable for Outstanding Payments...
So, Cool..... Also GST not applicable for Any Interest...
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