Is rcm applicable on interest to be paid to others?
Minalal Bhansali (73 Points)
16 June 2018
what will be the treatment in books of account for interest payable and the is rcm applicable?
3 Replies
Pankaj Rawat
(GST Practitioner)
(55057 Points)
Replied 16 June 2018
No Rcm is applicable on interest paid, its exempted
RAJA P M
("Do the Right Thing...!!!")
(128106 Points)
Replied 16 June 2018
No... RCM not applicable.
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