Money business

This query is : Resolved 

23 December 2017 Dear Friends as we know that GST is not applicable on money so i have query that whether gst is applicable on the person who is engaged in literaly known BC business of collecting money from group of persons and pay to them one by one at monthly gap.

Thanks.
Yogesh Soni

23 December 2017 GST not applicable on such transactions.

25 December 2017 Thanks Sir for your response


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