Cash ledger balance adjustment

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we have balance in cash ledger adjusted after due date against payment of RCM.
WILL THERE BE INTEREST ON RCM?
Replies (3)
It will auto populate in next month.

Hey everyone, just stumbled upon an interesting discussion about cash ledger balance adjustments in GST. It seems there's some confusion about whether interest applies to RCM payments made after the due date. What are your thoughts?

 

Yes

is interest applied ?


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