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Interest
Gst Applicable on late payment Interest Rcv from party ?
Replies (6)
No... GST not applicable.
but party ask for Debit note with Gst charge separate
but party ask for Debit note with Gst charge separate
Interest forLate payment is not under Debit note. It's can't a supply. So, You don't want issued Debit Note.
If he ask anythink you ll be give Receipt Voucher...
ok but what about charge gst
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