Can the GSTIN claim / avail ITC on chit commission paid to chit fund company which is reflecting in
This query is : Resolved
Venkateshwarlu Pulluri
(Querist)
19 March 2024
Good morning sir/s,
can the GSTIN claim / avail ITC on chit commission paid to chit fund company which is reflecting in GSTR2A
can the GSTIN claim / avail ITC on chit commission paid to chit fund company which is reflecting in GSTR2A
CA R SEETHARAMAN
(Expert)
19 March 2024
Yes, in case the funds are utilised for the business for which GST is applicable.
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