Whether gst will be charged for interest received on unsecured loans and advances
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GST on interest received on unsecured lkan
Replies (5)
Interest received person registered or not
Interest received person is registered under gst and is a public ltd co
Interest received or paid is not a service. So no GST
gst.not applicable on interest on loan
GST is not applilcable on deposits and loans and respective interest as well.
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