GST Payable on Cheque Bounce Charges

In re Bajaj Finance Limited (GST AAR Maharashtra)

Whether the Bounce Charges collected by the Applicant should be treated as a supply under the GST regime?

In the present case, as per details presented before us, we clearly find that there is a clear understanding or agreement between the parties in the present case to foresee and tolerate an act or a situation of default on

Please become a Premium member. If you are already a Premium member, login here to access the full content.