ITC on penalty charged by BSE or NSE
This query is : Resolved
Quick Summary
CA R SEETHARAMAN
(Expert)
01 April 2020
ITC can't be claimed on such penalty as it's not related to business.
CA Suresh Jain
(Expert)
02 April 2020
GST paid on penalty levied by SEBI from the Company is eligible for Input Credit. It is not under the blocked credit.
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