GST on interest/ delayed  payment charges of brokerage amount/settlement obligations/margin trading facility : CBIC Clarify

By | June 4, 2018
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(Last Updated On: June 4, 2018)

Is GST leviable on interest/ delayed  payment charges charged to clients  for debit for settlement obligations/ margin trading facility?

Any interest/ delayed payment charges charged for delay in payment of  brokerage amount/settlement obligations/margin trading facility shall be leviable to GST.


Q 80 of GST FAQs on Financial Services Sector published by CBIC

Direct Taxes Ready Reckoner
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tax deduction at source

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