Gst on interest on unsecured loan

1707 views 2 replies

Dear All

I have paid Interest to Mr. X Rs. 10,000/- for the Month of July-17 

Mr. X is URD under GST 

Does i need to pay GST on Interest under RCM ??

 

 

Replies (2)

No GST on interest on loan.

no GST applicable on loans


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