Supply or not - Refundable Interest Free Deposit (assume ₹ ...
GST Not Applicable on Refundable Deposits Unless Used as Consideration; Deposit Provision Still Subject to GST.
August 28, 2019
Case Laws GST AAR
Supply or not - Refundable Interest Free Deposit (assume ₹ 2500) - the amount of ₹ 2500/- will not attract the GST being the deposit unless the supplier applies such deposit as consideration, however the monetary value of the act of providing this deposit of ₹ 2500/- will attract GST
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