Chattel mortgages are treated in the same way as other loans in that they are classed as a financial supply and as such no GST is payable on the provision of the loan or loan repayment.

Name: Chattel mortgages are treated in the same way as other loans in that they are classed as a financial supply and as such no GST is payable on the provision of the loan or loan repayment.
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Question

Quizplus · Accepted Answer

Chattel mortgages are treated as financial supplies and no GST is payable on loans or loan repayments.

Chattel Mortgages Are Treated in the Same Way as Other