Can we claim ITC on franchise fees?


This query is : Resolved 

Quick Summary
This discussion clarifies whether Input Tax Credit (ITC) can be claimed on franchise fees. The consensus is that ITC is claimable on non-refundable franchise fees, provided the franchise is taken for the furtherance of your business activities. This means if the franchise directly contributes to your business operations, you can claim the ITC.

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

19 February 2023 Yes, if it is for furtherance of business.

20 February 2023

Thank you very much sir

20 February 2023 You are welcome.


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