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?
Menu
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...
Recent Topic
- Form 145 and 146 Foreign Remittance in Excel Forma
- E invoice missed out/not generated for FY2025-26
- Can a broker's software legally override actual po
- Startup exit in Sept 2025: Can I still save LTCG t
- Need advice
- GST registration
- Tax Refund timeline
- Is Form 10E applicable for Notice Pay received in
- INCOME RECEIVED FROM COMPANY FOR ELECTRIC POLLS
- ITR Processing By CPC Now Super Fast - Much apprec
Related Topics
CAclubindia
