GST rate on Interest income

Rate / HSN codes 2104 views 3 replies
Interest income received due to late payment received from customer, so what is GST rate apply?
Replies (3)

GST rate should be the same as the rate that applies to the goods or services on the invoice.

Yes. Agreed, it will be as per the original supply rate.

the rate on goods the same rate will be applicable on interest.


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