Int.on late payment

This discussion concerns a late freight bill received for services rendered in FY19-20, but billed in FY22-23. The core issue is whether interest is payable on the late payment under the Reverse Charge Mechanism (RCM) and Point of Taxation (POT) rules, especially since the input tax credit (ITC) period has likely expired. The lack of a specific amount on the Lorry Receipt (LR) further complicates the matter.