Applicability of gst
This query is : Resolved
01 April 2017
Sir/Madam,
My uncle is a private money lender. And he files his quarterly KVAT returns. So with the changes in law and new amendments ,does he need to take GST registration? and also what is the maximum rate of interest for money lending ?
Please Help.
My uncle is a private money lender. And he files his quarterly KVAT returns. So with the changes in law and new amendments ,does he need to take GST registration? and also what is the maximum rate of interest for money lending ?
Please Help.
05 April 2017
Hi Tanvi,
Yes he has to enroll himself in GST.
the maximum rate of interest for money lending is not going to be dealt by GST Act.
Yes he has to enroll himself in GST.
the maximum rate of interest for money lending is not going to be dealt by GST Act.
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