No GST on penal charges levied by banks, NBFCs and other regulated entities on loans, clarifies CBIC
The government has stated that no Goods and Services Tax (GST) is required to be paid on penal charges on loans levied by RBI ...
Tax Guru57m
Delhi HC set-aside GST order for not considering taxpayers response to SCN
Delhi High Court ruled on the writ petition filed by Syndicate Bank, challenging the order dated August 20, 2024, issued by the GST Officer under Section 73 of the Central Goods and Services Tax Act, ...