https://www.taxtmi.com/forum/issue?id=117470 A refundable security deposit that is returned and does not influence rent does not form part of taxable consideration for GST; however, if the deposit affects the price charged or is used as or converted into rent, the deposit (including any deemed or notional interest) may be treated as taxable consideration, and advance rulings vary on the facts of influence and treatment. en-us Fri, 03 Sep 2021 13:16:46 +0530 Thu, 23 Jan 2025 15:54:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=117470 A refundable security deposit that is returned and does not influence rent does not form part of taxable consideration for GST; however, if the deposit affects the price charged or is used as or converted into rent, the deposit (including any deemed or notional interest) may be treated as taxable consideration, and advance rulings vary on the facts of influence and treatment. Discussion-Forum GST Fri, 03 Sep 2021 13:16:46 +0530 https://www.taxtmi.com/forum/issue?id=117470