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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
Replies (2)
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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