late payment

Respected Sir/ Madam,

I m supplier of iron and steel materials I have purchased the material on (30 days) credit bases,
But however I have paid the party to 45-50 days.

So my party has raise the debit note in which he says you have to pay interest + gst. So should be gst comes in debit note?

Thanking you,
Replies (2)
Yes ,... GST is applicable interest charged by supplier for late payment
Agree with Mr. Pankaj

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