GST on Documentation charge

is it GST charge on documentation charges for review/renewal of CC loan account by the respective bank ?
if charge, in which rate ?
Replies (4)
Quick Summary
This discussion clarifies whether Goods and Services Tax (GST) is applicable to documentation charges levied by banks for the review or renewal of CC loan accounts. The consensus is that GST is indeed applicable to these banking charges. The standard rate of 18% GST applies, with the relevant Service Accounting Code (SAC) being 997158.

Yes, GST @ 18% is applicable on Banking Charges ( like documentation charges etc )...
Yes. 18% GST applicable.
Yes GST attracts @ 18%

GST Rate 18%, SAC 997158

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