https://www.taxtmi.com/forum/issue?id=113112 Whether GST applies to the interest component of personal loan EMIs depends on characterisation: one position relies on prior non-taxation under service tax to argue exemption, while another points to GST coverage of services extending loans where consideration is interest or discount, excluding certain credit card interest, thus treating loan interest as potentially taxable consideration under GST. en-us Mon, 27 Nov 2017 06:13:28 +0530 Thu, 23 Jan 2025 15:55:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=113112 Whether GST applies to the interest component of personal loan EMIs depends on characterisation: one position relies on prior non-taxation under service tax to argue exemption, while another points to GST coverage of services extending loans where consideration is interest or discount, excluding certain credit card interest, thus treating loan interest as potentially taxable consideration under GST. Discussion-Forum GST Mon, 27 Nov 2017 06:13:28 +0530 https://www.taxtmi.com/forum/issue?id=113112