SAC FOR INTEREST ON LOANS

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....AC FOR INTEREST ON LOANS<br> Query (Issue) Started By: - S.C. WADHWA Dated:- 28-5-2018 Last Reply Date:- 28-5-2018 Goods and Services Tax - GST<br>Got 2 Replies<br>GST<br>What is SAC for interest on l....

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....oans exmpted under GST. Reply By Nitika Aggarwal: The Reply: Dear Sir, SAC for Services by way of extending deposits, loans or advances in so far as the consideration is represented by way of inter....

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....est or discount (other than interest involved in credit card services); is covered under heading 9971. In order to substantiate the same, reliance shall be placed on entry no 27 of Mega Exemption Not....

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....ification No. 12/2017-Central Tax rate dated 28.06.2017. Regards Nitika Aggarwal 9953157961 Reply By YAGAY and SUN: The Reply: We duly endorse the view of the expert.<br> Discussion Forum - Knowl....

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....edge Sharing ....