Gst on penalty charged by govt

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110 Points Posted on 10 August 2020
whether gst charged on penalty amount when charged by govt.
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On 10 August 2020 at 15:38 Report
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This discussion clarifies whether Goods and Services Tax (GST) is applicable to penalty amounts charged by the government. The consensus is that GST is generally not imposed on such penalties. While there might be provisions for levying GST on penalties, specific government notifications, such as notification no. 62, often provide exemptions, meaning no GST is charged in practice.

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Finance/Compliance Consultant
69488 Points Posted on 10 August 2020
No. It doesn't include any GST
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On 10 August 2020 at 16:23
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1313 Points Posted on 10 August 2020
There is no GST imposed on penalty amount.
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On 10 August 2020 at 20:38
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110 Points Posted on 10 August 2020
Gst leviable on penalty but exempt via notification no. 62
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On 10 August 2020 at 22:38
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CA
1258 Points Posted on 14 August 2020

No GST is not charged on penalty amount charged by GST

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On 14 August 2020 at 18:30

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