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Q. > Please Help: Tax invoice/debit note for charging interest on overdue bill
We have a issue for charging "Interest" on late payment/overdue on bill.
Kindly suggest whether we have to issue tax invoice or debit note against that bill for charging late payment/overdue interest in GST. And SAC for charging Interest on that bill(s).
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Comments
shobhit
07-Nov-2017 , 11:28:40 amHere you need to issue a debit note for charging interest...Since, its not on account of sale(its due to late payment) therefore you need not to issue Tax Invoice
shobhit
07-Nov-2017 , 11:28:42 amHere you need to issue a debit note for charging interest...Since, its not on account of sale(its due to late payment) therefore you need not to issue Tax Invoice.