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Gst on penalty charged by govt


priyanka pal   10 August 2020

priyanka pal

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whether gst charged on penalty amount when charged by govt.

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Asha Kanta Sharma (Manager - Finance & Accounts)     10 August 2020

Asha Kanta Sharma
Manager - Finance & Accounts 
 151 likes  6460 points

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No. It doesn't include any GST

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Vijayprakash P   10 August 2020

Vijayprakash P

 65 likes  1089 points

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There is no GST imposed on penalty amount.

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priyanka pal   10 August 2020

priyanka pal

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Gst leviable on penalty but exempt via notification no. 62

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Bhavika Kothari (CA)     14 August 2020

Bhavika Kothari
CA 
 9 likes  269 points

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No GST is not charged on penalty amount charged by GST


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