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Interest on bank loan
Is GST applicable for any kind of bank loan
Replies (3)
GST WILL BE APPLICABLE @ 18% ONLY ON PRCOESSING FEES CHARGED BY BANK..
GST on interest on loans and advances by bank is exempt.. except interest on credit card services.. notification 12
GST on interest on loans and advances by bank is exempt.. except interest on credit card services.. notification 12
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