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Whether GST is applicable on foreclosure charges on premature termination of loans ?

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Whether GST is applicable on foreclosure charges on premature termination of loans ?

TRT-2025-944

Issue Favourable to Tax Payer ?:- yes

Held - The issue is whether the Foreclosure charges collected by the banks and non-banking financial companies on premature termination of loas is .....

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Whether GST is applicable on foreclosure charges on premature termination of loans ?

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