Levy of GST – collected penal interest for default in repayment of EMI – The activity of collecting penal interest by the Applicant would amount to a taxable supply under the GST regime

Goods and Services Tax – Levy of GST – collected penal interest for default in repayment of EMI – The activity of collecting penal interest by the Applicant would amount to a taxable supply under the GST regime – TMI Updates – Highlights

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