Notional Interest on Security Deposit on rented propery is part of consideration.

 The notional interest has to be considered as part of value of supply of service, if and only if the said notional interest influences the value of supply i.e. value of RIS service / monthly rent and is leviable to GST along with monthly rent at the rate applicable to monthly rent.In   Midcon Polymers Pvt. Ltd. (GST AAR Karnataka)Dated 16/09/2020