Interest Charged on Loan Exempt from GST : AAR
“Whether an amount charged as interest on transaction based short term loan given by the Del Credere Agent (DCA) to buyers of material is exempt from tax in terms of the Notification No. 12/2017-Central Tax (Rate) dated 28.06.2017 (Serial Number 27)? Held As per the aforesaid Sl. No. 27 of the table to Notification No.… Read More »