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    <title>RCM on notional loan processing fees</title>
    <link>https://www.taxtmi.com/forum/issue?id=118281</link>
    <description>Whether GST under reverse charge applies to a notional loan processing fee from an overseas parent is debated. One view treats such fees as administrative services distinct from interest and taxable under reverse charge with input tax credit available. The opposing view contends that absent a demonstrable supply-mere provision of a loan by the parent-there is no basis to impute a notional processing service and therefore no RCM liability for the subsidiary.</description>
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    <pubDate>Wed, 14 Dec 2022 12:23:02 +0530</pubDate>
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      <title>RCM on notional loan processing fees</title>
      <link>https://www.taxtmi.com/forum/issue?id=118281</link>
      <description>Whether GST under reverse charge applies to a notional loan processing fee from an overseas parent is debated. One view treats such fees as administrative services distinct from interest and taxable under reverse charge with input tax credit available. The opposing view contends that absent a demonstrable supply-mere provision of a loan by the parent-there is no basis to impute a notional processing service and therefore no RCM liability for the subsidiary.</description>
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      <law>GST</law>
      <pubDate>Wed, 14 Dec 2022 12:23:02 +0530</pubDate>
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