Levy of GST - collected penal interest for default in repayment ...

Penal Interest on EMI Defaults is Taxable Supply Under GST; Subject to GST as Supply of Services.

November 19, 2018

Case Laws GST AAR

Levy of GST - collected penal interest for default in repayment of EMI - The activity of collecting penal interest by the Applicant would amount to a taxable supply under the GST regime

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Levy of GST - collected penal interest for default in repayment ...

Penal Interest on EMI Defaults is Taxable Supply Under GST; Subject to GST as Supply of Services.

November 19, 2018

Case Laws GST AAR

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