Sunday, December 2, 2018

Banks to charge 18% GST on Freebies

The Banks may soon charge 18 percent GST on the freebies provided by them to the customers who maintain a minimum balance in their accounts. According to reports, reeling under a pile of bad loans and faced with the prospect of paying GST on ‘free services’ given to customers, private and public banks like ICICI Bank, HDFC Bank and […]

The post Banks to charge 18% GST on Freebies appeared first on Taxscan | Simplifying Tax Laws.



from Taxscan | Simplifying Tax Laws https://ift.tt/2UalQSW

No comments:

Post a Comment