What is the leviability of GST on securitization transactions undertaken by banks?
Securitized assets are in the nature of securities and hence not liable to GST.
However, if some service charges or service fees or documentation fees or broking charges or such like fees or charges are charged, the same would be a consideration for provision of services related to securitization and chargeable
to GST.
Q 65 of GST FAQs on Financial Services Sector published by CBIC
The post GST on securitization transactions undertaken by banks : CBIC Clarify appeared first on Tax Heal.
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