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GST - Highlights / Catch Notes

Home Highlights August 2019 Year 2019 This

Providing services of financial assistance in the form of Loan - ...


Loans Exempt from GST: No Distinction Between Related or Unrelated Parties; Notional Consideration Not Applicable.

August 28, 2019

Case Laws     GST     AAR

Providing services of financial assistance in the form of Loan - Benefit of exemption from GST - The said notification neither talks about related-unrelated party nor about notional consideration. Therefore the question of charging GST on notional consideration does not arise in this case.

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