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ITC on exempt services

This query is : Resolved 
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(Querist)
28 January 2020 Company is engaged in letting out of commercial properties as well as having shares as investment. Now the query is:
Whether ITC received on management fees paid to Asset Management Company( Management fees related to trading in shares) be availed against Output on rent.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
28 January 2020 Trading in shares is exempt from GST hence ITC can't be availed for such service.
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