RCM ON SLB BORROWIN GFEES
This query is : Resolved
26 July 2023
I wanted to ask that as stock broker we do the trading in both proprietary and client. and as per RCM list there is gst on SLB borrowing fees. that we paid.
Can we take the input tax credit of RCM liability paid to set off the GST output liability???
If yes pls suggest any case study or notification.
The Output GST is on brokerage charges to client.
Can we take the input tax credit of RCM liability paid to set off the GST output liability???
If yes pls suggest any case study or notification.
The Output GST is on brokerage charges to client.
21 January 2024
https://www.indiafilings.com/learn/gst-on-supply-of-securities-under-securities-lending-scheme/
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