gst applicable

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105 Points Joined February 2016
is gst applicable on bank charges? we have to do rcm? and gst applicable on car interest and home loan ineterest?
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On 03 August 2017 at 16:59 Report
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1464 Points Joined June 2017
For Car Loan & Home Loan 15% Service Tax in earlier regime will be replaced by 18 & GST in new regime. As a result processing fee & prepayment charges ( where applicable ) will be high in GST regime resulting in higher EMI
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On 03 August 2017 at 21:57
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1518 Points Joined March 2017
Yes GST applicable on bank charges
GST not applicable on interest
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On 03 August 2017 at 22:12


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