https://www.taxtmi.com/forum/issue?id=117422 Where a jewellery house receives gold from a depositor and returns the same or more gold or monetary interest, the transaction is characterized as a loan; the consideration received is treated as loan consideration and is exempt from GST. Outstanding issues include potential central bank restrictions and whether a GST-registered depositor would cause the arrangement to be treated as a taxable supply, particularly where the jewellery house's discretion alters the product's character. en-us Fri, 13 Aug 2021 10:24:51 +0530 Thu, 23 Jan 2025 15:54:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=117422 Where a jewellery house receives gold from a depositor and returns the same or more gold or monetary interest, the transaction is characterized as a loan; the consideration received is treated as loan consideration and is exempt from GST. Outstanding issues include potential central bank restrictions and whether a GST-registered depositor would cause the arrangement to be treated as a taxable supply, particularly where the jewellery house's discretion alters the product's character. Discussion-Forum GST Fri, 13 Aug 2021 10:24:51 +0530 https://www.taxtmi.com/forum/issue?id=117422