Upgrad LLM

credit card and applicability of service tax/gst


My client has taken personal loan/ cash loan from Indusind credit card agasint their limit amount before the implementation of Service Tax / GST, at the rate of 14% interest for 3 years tenure and paying EMI regularly. Please advise that Indusind bank credit card can charge the Service Tax/GST @ 18% on the interest portion of the EMI amount as extra from the Customer. and the customer has liability to pay the Service tax/GST on the EMI amount as extra which taken before the implementation of the same. Read more at: http://www.lawyersclubindia.com/Default.asp?
 
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RETIRED JUDICIAL OFFICER

Dear Sir/Madam,

Since your case is complicated case as such I require documents and same may be send to my email for detailed legal advise.

 

with regards,

Kishan Dutt Kalaskar

 
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