AAR Gujarat

Whether GST is applicable on interest charged by Del credere Agent

In Re M/s Shreenath Polyplast Pvt Ltd (AAR Gujarat)

It was decided that interest charged by Del credere Agent on amount of short term loans to end customers, is covered under Sl. No. 27 of the Notification No. 12/2017-Central Tax (Rate) dated 28.06.2017 and hence such interest amount will not attract GST....

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