gst applicable on late payment charge (intetest) of due bills from creditors ?

Originally posted by : Satyanarayana Gupta
	no GST on interest

Kindly read section 15(2)(d) of CGST Act. Interest for delayed payment of consideration is to be included for the purpose of GST calculation.

Is GST applicable on interest received from trade debtors @ which applies to my goods??

As per section 15(2)(d) such interest is included in value of supply but what if GST return filed earlier and payment and interest

received later.