No GST is charged on these services. There will also be no GST levied on interest earned on deposits. Loans Will my loans/ mortgage/ auto financing be subject to GST? Payment of principal loan amount and interest (monthly instalment) are not subject to GST. Are there loan-related fees ...
applicable on loan processing charges Generally, a personal loan processing fee ranges from 2-3%, while Standard Chartered Bank charges up to 2.25%. You can get a loan amount up to Rs 30 lakh at attractive interest rates and get up to 50% discount on processing fees foronline applications...
Learn how to pay GST online with our step-by-step guide. Understand GST payment rules and processes to ensure smooth and compliant transactions.
9. While these Division 165 Supplying Entities charged and collected a GST-informed price from the applicant, and thereby received or recovered from the applicant money with which their GST liabilities could be expected to have been met, they fraudulently failed to pay their GST liabilities to th...
GST (Goods and Services Tax) is charged by the government in slabs. The present slabs are 5%, 12%, 18%, and 28%. GST is managed by the Goods and Services Tax Council and is governed by the Goods and Services Tax Act, of 2017. GST is levied on all types of goods and services ...
How will SCB provide me with a Tax Invoice for GST on fees and charges imposed by SCB? Tax invoices will be provided to our customers either in hard copy or electronically. Customers� bank statements will not be modified into tax invoices. Some GST charged on taxable charges will be sh...
What is the interest rate charged on a GST business loan and what factors influence it? The interest rates on GST business loans can vary between lenders and depend on a number of variables including the loan size, term, borrower's credit history, and market conditions. Interest rates may di...
interest. The court dismissed the revenue department’s argument that the service fee of Rs 1 lakh was inadequate and the excess interest be considered as fee for rendering the services by the transferor NBFC, stating that the NBFC’s role was not as an agent acting on behalf of the bank....
Union of India reported in 2013 SCC Online Cal 19941 that the cash-credit limit is a facility provided by the bank to its customers to use and utilise the money and if such facility availed of, it would attract the interest to be charged for the same so utilised. It is further held ...
the Committee will continue to administer Catastrophic Leave days until the days in the Bank are exhausted. f. In order to protect someone from being charged an extra day when not necessary, the Committee shall set the maximum number of days in the bank after the first year of experience. ...