Tag Archives: GST on Certificates of Deposit

GST on Commercial  Paper (CP) or Certificates of Deposit  Income : CBIC Clarify

By | June 4, 2018

Would income from Commercial  Paper (CP) or Certificates of Deposit  (CD) be taxable under GST? Commercial Paper (‘CP’) and Certificate of Deposit (‘CD’) are unsecured money  market instruments which are issued in the form of a promissory note or in a dematerialized form through any of the depositories approved by and registered with SEBI. CPs… Read More »