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Multiple cess on gst

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(Querist)
12 June 2018 Is there any provision to apply multiple cess on GST in case of different loans by banks and nbfcs
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CA Padmasri Manyam

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CA Padmasri Manyam (Expert)
13 June 2018 Cess on GST is known as compensation cess. The compensation cess is applicable only on few goods.
Loan given by Bank or NBFC does not attract GST only.

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