Greetings All !!!!!
Sir,
My question is regarding (GST charged on term loan interest) ITC to be claimed or not if any company dealing in Non GST items
Menu
GST Charged on Term Loan Interest
Replies (5)
Quick Summary
If you have GST registration only then you can claim itc
GST is exempt on interest on loan.
No it cannot be claimed
Our company is already registered in GST but dealing in non GST/exempt items...
@ Meghraj Ojha
You can either continue with your registration or you can apply for cancellation of your registration. It's at your option.
Recent Topics :
- Difference in TIS
- GSTR-9C Upload Status Error Occured
- “Income Tax Implications of Company-Related
- Advice needed: Hypothetical case of non-filing of
- Demand Raised for Cess Amount Despite Section 89 R
- WRONG BILL NO FILED IN GST R1
- Addtional trade name for my another firm
- Commission / Agency Business without books: REAL E
- Difference between AIS and 26AS data.
- Applicability of FCRA to Article Processing Fees (
Related Topics :
CAclubindia
