https://www.taxtmi.com/forum/issue?id=118631 Loans from a holding company to its subsidiary without interest do not constitute a taxable supply under Section 7, and loans with interest qualify as exempt financial services to the extent the consideration is interest or discount; the reverse charge entry for services by a director is inapplicable where the lender is the holding company and not a director in his personal capacity, although concessional interest between related parties may raise transfer pricing or benefit-in-kind scrutiny. en-us Sun, 09 Jul 2023 11:36:24 +0530 Fri, 24 Jan 2025 10:40:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=118631 Loans from a holding company to its subsidiary without interest do not constitute a taxable supply under Section 7, and loans with interest qualify as exempt financial services to the extent the consideration is interest or discount; the reverse charge entry for services by a director is inapplicable where the lender is the holding company and not a director in his personal capacity, although concessional interest between related parties may raise transfer pricing or benefit-in-kind scrutiny. Discussion-Forum GST Sun, 09 Jul 2023 11:36:24 +0530 https://www.taxtmi.com/forum/issue?id=118631