https://www.taxtmi.com/caselaws?id=378361 The Authority for Advance Ruling (AAR) ruled that GST is not applicable to interest-free security deposits as they are not considered as consideration under the GST Act. The question regarding the value of notional interest for the levy of GST was not addressed due to the conclusion on the first issue. en-us Sat, 29 Dec 2018 00:00:00 +0530 Fri, 07 Mar 2025 17:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=378361 The Authority for Advance Ruling (AAR) ruled that GST is not applicable to interest-free security deposits as they are not considered as consideration under the GST Act. The question regarding the value of notional interest for the levy of GST was not addressed due to the conclusion on the first issue. Case-Laws GST Sat, 29 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=378361