TMI BlogSAC FOR INTEREST ON LOANSX X X X Extracts X X X X X X X X Extracts X X X X ..... What is SAC for interest on 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 considera ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tion is represented by way of interest 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... on entry no 27 of Mega Exemption Notification No. 12/2017-Central Tax rate dated 28.06.2017. Regards Nitika Aggarwal 9953157961 - Reply By YAGAY and SUN - The Reply = We duly endorse th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e view of the expert. - SAC FOR INTEREST ON LOANS - Query Started By: - S.C. WADHWA Dated:- 28-5-2018 Goods and Services Tax - GST - Got 2 Replies - GST - Discussion Forum - Knowledge Sharing, repl ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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