IS INTEREST WILL BE LEVIED U/S 50 FOR DEFAULT IN MAKING PAYMENT TO SUPPLIER WITHIN 180 DAYS

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..... IS INTEREST WILL BE LEVIED U/S 50 FOR DEFAULT IN MAKING PAYMENT TO SUPPLIER WITHIN 180 DAYS
Query (Issue) Started By: - PRAVEEN SONI Dated:- 23-1-2025 Last Reply Date:- 23-1-2025 Goods and Service .....

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..... s Tax - GST
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GST
IS INTEREST WILL BE LEVIED U/S 50 FOR DEFAULT IN MAKING PAYMENT TO SUPPLIER WITHIN 180 DAYS? Reply By Rajagopalan Ranganathan: The Reply: Sir, If there is delay .....

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..... in payment made to supplier after the period mentioned in the contract, then interest is payable by the receiver of goods or services or both to the supplier along with the amount mentioned in the in .....

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..... voice. Section 50 of CGST Act deals with interest payable when there is a delay in payment of gst to Government.
Discussion Forum - Knowledge Sharing .....

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