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GST on Purchase of Shares

This query is : Resolved 
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(Querist)
11 July 2024 Dear Expert,

My company has purchased a shares from NSE, on which broker has charged various charges.

On that additional charges broker has also collected GST there on.

So, Can we avail that ITC in 3B which collected by broker ?
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
11 July 2024 No, ITC is not claimable over shares transaction.
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Deepak Londhe

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Deepak Londhe (Querist)
18 July 2024 Can we add this expense to the Cost of Shares ?

So atleast I can reduce my capital Gain after selling of the shares.
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
18 July 2024 Yes.
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