If the interest charged is separately mentioned on hire purchase transaction then GST is not payable. However, if the interest amount is not separately mentioned then you have to pay GST on entire amount including interest.
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My Dear ,
I thank you for marking the answer as satisfactory.
I have noted.
It will be very nice and helpful to our other members (and the answerer too) if you mark your satisfaction level on the grade scale below.
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Anu, Thakurani's bestie
Asked by Prashant on :Jul. 10, 2018
