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SAC FOR INTEREST ON LOANS

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..... SAC FOR INTEREST ON LOANS
Query (Issue) Started By: - S.C. WADHWA Dated:- 28-5-2018 Last Reply Date:- 28-5-2018 Goods and Services Tax - GST
Got 2 Replies
GST
What is SAC for interest on .....

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..... loans exmpted under GST. Reply By Nitika Aggarwal: The Reply: Dear Sir, SAC for Services by way of extending deposits, loans or advances in so far as the consideration is represented by way of inte .....

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..... rest or discount (other than interest involved in credit card services); is covered under heading 9971. In order to substantiate the same, reliance shall be placed on entry no 27 of Mega Exemption No .....

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..... tification No. 12/2017-Central Tax rate dated 28.06.2017. Regards Nitika Aggarwal 9953157961 Reply By YAGAY and SUN: The Reply: We duly endorse the view of the expert.
Discussion Forum - Know .....

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..... ledge Sharing .....

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