Loan to outsider - GST applicable or not

JAGANATHAN R ACMA, SAP(Fi-Co) (Manager Accounts and Finance)   (915 Points)

23 October 2020  

Hi., 

We are manufacturing company., we are giving loan to our vendor Rs.10 lac., ., everymonth we are colleting the interest ., pluse principal., 

Can you suggest is it GST applicable for Interest receipt?

Thanking you

Jagan. R