https://www.taxtmi.com/article/detailed?id=8609 The dispute concerns whether interest earned by a del credere agent on short term funding is exempt as interest on loans or taxable as part of the value of supply. One AAAR member held that where the funding is integral to the contract the interest must be included in value of supply and taxed, citing an office memorandum; the other held the loan to the buyer is a separate money to money service by the agent and aligns with the exemption approach, creating a divided ruling and calling for central clarification. en-us Fri, 12 Jul 2019 06:29:04 +0530 Fri, 12 Jul 2019 06:29:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8609 The dispute concerns whether interest earned by a del credere agent on short term funding is exempt as interest on loans or taxable as part of the value of supply. One AAAR member held that where the funding is integral to the contract the interest must be included in value of supply and taxed, citing an office memorandum; the other held the loan to the buyer is a separate money to money service by the agent and aligns with the exemption approach, creating a divided ruling and calling for central clarification. Articles Goods and Services Tax - GST Fri, 12 Jul 2019 06:29:04 +0530 https://www.taxtmi.com/article/detailed?id=8609