Levy of GST - the component of interest and delayed payment ...

Interest and Delayed Payment Charges Part of Supply's Value, Subject to GST if Main Service is Taxable.

January 9, 2019

Case Laws GST AAR

Levy of GST - the component of interest and delayed payment charges are obviously having a direct relation with the value of supply to which such interest/delayed charges relate. These are in fact components of the value of supply and do not have any independent status - liable to GST where main service is liable to GST.

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Levy of GST - the component of interest and delayed payment ...

Interest and Delayed Payment Charges Part of Supply's Value, Subject to GST if Main Service is Taxable.

January 9, 2019

Case Laws GST AAR

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