2018 (9) TMI 1332 - AAR - GST

Taxable Supply - Borrowing Cost - Whether Consideration represented by way of Borrowing Cost received from members to whom loan was sanctioned, amounts to taxable supply? Ruling - In Service Charge or any other type of liability, loan or any other borrowings vide Sl. No. 27 of N/N. 12/2017 is not exempt - resultantly these services are liable to GST.