GST ON INTEREST PAYABLE TO NOIDA AUTHORITY

As per notification,there is no requirement to pay GST on the lease rent paid for land taken on
lease from Central Government, State Govemmen! Union territory or Local authoriqrv.e.f.
25.01.2018, So the interest arise on exempted lease payment will exempted

But dont know how local authority treat such interest , if it is treated as fee or penalty then GST will attract