As discussed above Debentures covered under the definition of security and therefore it is not covered under goods. Therefore, GST will not get attract on interest paid on debentures.
Private Limited Company and there Compliances as per Companies Act 2013 Section 2(68) of Companies Act, 2013 defines private companies. According to that, private companies are those companies whose articles of association restrict the transferability of shares and prevent the public at large from subscribing to them. This is the basic criterion that differentiates private […]
