Clarification likely on GST on NBFC co-lending

Economic Times

New Delhi: The government has assured non-banking financial companies (NBFCS) that it will examine the concerns around levy of goods and services tax (GST) on their co-lending arrangements with banks.  A clarification could be issued after the issue is looked into, officials said. At a meeting with finance ministry officials last week, banks and NBFCs raised the issue of GST authorities servi…

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