CCI Online Learning
What do you want to learn today?

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Gst on interest on loan from others (individual)

This query is : Resolved 

Dear All
Thanks in Advance

Sir i want to know whether GST is applicable on Interest on loan taken from relatives and friends
please clarify the Rate of GST and HSN code


If that is their business, then yes. Else no, since it is personal. However, income tax will apply.

The loan taken by the firm
Can you tell me the HSN Code and Tax Rate

SAC 9971

You need to be the querist or approved CAclub expert to take part in this query .

Click here to login now

Similar Resolved Queries :

Trending Tags
GST Live Class    |    x