Menu
GST on MSME Intrest
at the time of MSME intrest payment to supplier GST charge or not on intrest amount.
Replies (1)
Yes, GST is applicable on MSME interest paid for delayed payments. The interest amount is added to the value of the original supply under Section 15(2)(d) of the CGST Act and is taxed at the same GST rate as the original goods or services. The tax liability arises only when the supplier actually receives the interest payment.
Recent Topics :
- GST on Transport
- Which software to buy
- Property Selling and buying
- Office Management System
- Can I pursue articleship alongside a regular full-
- Investment fund's income from ncd distribution to
- Comparative BS PL with Audit report
- Source of funds in IT returns
- Work from home job
- TDS ON ANY PURCHASE OF ANY GOODS - 393(1)
Related Topics :
Featured
12 September 2026
Assistant Manager - Finance & Compliance
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
View Details
ARTICLESHIP
18 September 2026
Industrial Trainee
Twenty Point Nine Five Ventures Private Limited
Noida
CA Inter
View Details
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGER
Anupam Parashar & Co.
Ghaziabad
CA Final
View Details
ARTICLESHIP
07 September 2026
CA Articles
Kothari Jain Patil & Chartered Accountants
Pune
CA Inter
View Details
CCI
Pro
CAclubindia
