https://www.taxtmi.com/caselaws?id=293869 The Authority for Advance Rulings, Uttar Pradesh, ruled unanimously that a registered GST assessee providing stock broking services is liable to pay GST on delayed payment charges reimbursed by clients for trading securities. The ruling clarified that such charges are considered part of the value of supply for services under the CGST Act, 2017, emphasizing the tax liability of the applicant for GST on these charges. This decision sets a precedent for the tax treatment of delayed payment charges in stock broking services under GST regulations. en-us Fri, 14 Dec 2018 00:00:00 +0530 Tue, 25 Feb 2025 13:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=293869 The Authority for Advance Rulings, Uttar Pradesh, ruled unanimously that a registered GST assessee providing stock broking services is liable to pay GST on delayed payment charges reimbursed by clients for trading securities. The ruling clarified that such charges are considered part of the value of supply for services under the CGST Act, 2017, emphasizing the tax liability of the applicant for GST on these charges. This decision sets a precedent for the tax treatment of delayed payment charges in stock broking services under GST regulations. Case-Laws GST Fri, 14 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=293869