ITC ON CREDIT CARD INTEREST

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NIRMAL DAVE (Querist)
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04 December 2023 Dear Experts,

Can we avail ITC of GST on credit card loan interest?

Credit card loan is used for business purpose only.

Thanking You
Nirmal

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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05 December 2023 Yes, you can avail ITC in such a case.

NIRMAL DAVE

NIRMAL DAVE (Querist)
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07 December 2023 Thank You Sir for your valuable advise.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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12 December 2023 You are welcome....
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