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

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

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