Rcm

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Querist : Anonymous

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Querist : Anonymous (Querist)
06 December 2018 As per N/N 12/2017 r/w 13/2017
service recipient being business entity is liable to pay GST on Rcm basis from services received from advocates if its T/O is more than 20 lac in PY

my question is whether interest on FD or int on loan given to third party is accounted as aggregate turnover as 2(6)

08 December 2018 Interest is not subject to GST.



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