set off on gst paid on bank charges

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will setoff of gst available, paid on
bank charges?
Replies (6)
no there is no gst on bank interest paid.....so no ITC
no there is no gst on bank interest paid.....so no ITC

Banks are charging GST on bank charges. So to avail ITC of this first you should intimate your GSTN to your bank.

For this minuscule amount of GST on bank charge - are banks going to file in their GSTR -1 for Thousands of customer every month
I am fully agreed with chhatra singh ji. in that case we must have monthly invoice from bank

YES WE WILL CALIM GST ON BANK CHARGES IF BANK GIVEN CREDIT ON OUR GST NUMBER ONLY

 


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