Dear experts and forum members
whether GST can implied on Loan EMIs
Menu
GST on EMI
Replies (8)
Dear Suresh,
GST is not applicable on EMI
No this is out of gst
No GST is not applicable on EMi. There are two components in EMI- principal & Interest. Principal
cont reading
pricipal is out of GST regime and interest is exempted device.
So GasT is applicable.
pricipal is out of GST regime and interest is exempted device.
So GasT is applicable.
pl read device as service and Gas T is applicable as GST is not applivable
some private banks are charging
thank you for your suggestions
Recent Threads
- TDS Challan interst amount wrongly paid as surchar
- Query on TDS & Stamp Duty
- Query on form 26QB and TDS deduction
- Received this confusing IT notice. How to reply
- Houston Sign Company For Custom Signs, Banners &am
- Refund due to change in GST Rate Tobacco Products
- Lease related query can we rent out lease ?
- Planning of Ceased a Business i.e Closure of Compa
- Property value in 26QB
- Form 26QB Multiple Buyer/Multiple seller
Related Threads
CAclubindia
