https://www.taxtmi.com/forum/issue?id=113377 Interest charged for delayed payment on a supply must be included in the taxable value for GST; such interest, late fee or penalty forming part of consideration should be aggregated with the transaction value and declared in GST returns, while ordinary bank interest unconnected to the supply is excluded. en-us Mon, 05 Feb 2018 12:20:58 +0530 Thu, 23 Jan 2025 15:55:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=113377 Interest charged for delayed payment on a supply must be included in the taxable value for GST; such interest, late fee or penalty forming part of consideration should be aggregated with the transaction value and declared in GST returns, while ordinary bank interest unconnected to the supply is excluded. Discussion-Forum GST Mon, 05 Feb 2018 12:20:58 +0530 https://www.taxtmi.com/forum/issue?id=113377