Value of supply and sec 15(2) (d)

does interest paid on emi is added to the value of supply u/s 15(2) d
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Quick Summary
This discussion clarifies Section 15(2)(d) of the GST Act regarding the value of supply. It explains that interest, late fees, or penalties received by a supplier for delayed payments are indeed added to the value of supply. However, interest that is *paid* by a business on its own liabilities, such as EMI payments, is not considered part of the value of supply.

No... ...

As per Sec 15 :

(2) The value of supply shall include

(d) interest or late fee or penalty for delayed payment of any consideration for any supply;

 

Thus, If the supplier received interest on said supplies then its also considered as supply as said section.

 

But, it's not a supply if interest PAID 

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