• 2.1. Are loans subject to GST?

    Non-interpretative – other references (see GSTR 2002/2External Link - Goods and services tax: GST treatment of financial supplies and related supplies and acquisitions).

    No GST is payable on a loan. It is a financial supply under item 2 in the table in subregulation 40-5.09(3) of the GST Regulations and is input taxed.

      Last modified: 24 Jun 2015QC 16359