https://www.taxtmi.com/article/detailed?id=11707 A loan provided to a credit card holder where cardholding is merely an eligibility criterion is a separate loan transaction and not a credit card service; it must be treated like other loans for GST classification and is not exigible to GST under the relevant exemption, given the independent agreement, cheque disbursement, and established principle that an accepted but prohibited contractual condition is unenforceable. en-us Tue, 08 Aug 2023 08:31:35 +0530 Tue, 08 Aug 2023 08:31:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=11707 A loan provided to a credit card holder where cardholding is merely an eligibility criterion is a separate loan transaction and not a credit card service; it must be treated like other loans for GST classification and is not exigible to GST under the relevant exemption, given the independent agreement, cheque disbursement, and established principle that an accepted but prohibited contractual condition is unenforceable. Articles Goods and Services Tax - GST Tue, 08 Aug 2023 08:31:35 +0530 https://www.taxtmi.com/article/detailed?id=11707