gst rate on lc
Avisha Majumdar (19 Points)
15 January 2018
sir, what rate of gst is applicable on issuance of letter of credit.
3 Replies
D.P.Pattnaik
(manager( taxation))
(100 Points)
Replied 15 January 2018
YES. GST is applicable @ 18 % on the opening charges of LC charged by the Bank.
Avisha Majumdar
(19 Points)
Replied 15 January 2018
sir please tell me the transaction head particulars to cut gst...if it is within state and also for outside state
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