ICICI

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Interest

This query is : Resolved 

Sir One of our client is traders in handloom sarees, he was registered under GST act as regular, he has filed continuously and paid due taxes also, and his turnover is more than 2 crore, but in this year he has give a loan of Rs 500000-00, to his friends and received interest on the loan, my question is interest is exempt or taxable under gst. .... please

Interest is exempt from GST.



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


Similar Resolved Queries


loading