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Applicability of gst

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01 April 2017 Sir/Madam,
My uncle is a private money lender. And he files his quarterly KVAT returns. So with the changes in law and new amendments ,does he need to take GST registration? and also what is the maximum rate of interest for money lending ?
Please Help.

05 April 2017 Hi Tanvi,
Yes he has to enroll himself in GST.
the maximum rate of interest for money lending is not going to be dealt by GST Act.



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