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Case Law Details

Case Name : Ramesh Kumar Patodia Vs City Bank N.A. and Ors. (Calcutta High Court)
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Ramesh Kumar Patodia Vs City Bank N.A. and Ors. (Calcutta High Court)

Whether loan on credit card granted by Citibank is liable for IGST in terms of the IGST Act even when the interest on loan is exempted from IGST ?

The Calcutta High Court recently delivered a crucial judgment regarding the applicability of Integrated Goods and Services Tax (IGST) on a loan granted by Citibank to a credit card holder. The case raises questions about the relationship between the loan and credit card servic

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