Gst on interest

Saudagar K (accounts) (64 Points)

21 March 2018  

Hi,

Pls Help , we have two companies one is NBFC and second is Pvt Ltd , NBFC has gives  short term loan to Pvt ltd company Rs.5 Cr @ 14% PA , so can NBFC charge GST on  STL interest if yes then can Pvt ltd company avail that GST input credit .pls provide notification also.

 

Thanks in advance .