Can we claim ITC on franchise fees?
This query is : Resolved
Quick Summary
19 February 2023
Dear sir
one of my Client Taken franchise for 6 Lacs Non Refundable Amt so They issued Invoice
my Doubt is Can we claim ITC on franchise fees?
Please Advice
Thank in Advance
one of my Client Taken franchise for 6 Lacs Non Refundable Amt so They issued Invoice
my Doubt is Can we claim ITC on franchise fees?
Please Advice
Thank in Advance
Dhirajlal Rambhia
(Expert)
19 February 2023
Yes, if it is for furtherance of business.
Dhirajlal Rambhia
(Expert)
20 February 2023
You are welcome.
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