Hi.,
We are manufacturing company., we are giving loan to our vendor Rs.10 lac., ., everymonth we are colleting the interest ., pluse principal.,
Can you suggest is it GST applicable for Interest receipt?
Thanking you
Jagan. R
Menu
Loan to outsider - GST applicable or not
Replies (3)
No, GST not applicable on Interest
No it is specifically included under exemption notification
Not applicable in light of exemption under 12/2017-CT(R).
Recent Threads
- How to rectify Form 67 that is already submitted
- Which year to consider for Property tax if sold af
- Itr form for nil tax return
- FSI & FA for RSU Sale in ITR-2
- Capital gains taxation query vip 1
- TDS on sim card calling service
- ITC Claim 2024-25
- Transferring online money to father
- AY 2025-26 ITR 1,2 reg
- Development of site
Related Threads
CAclubindia
