Menu
Gst credit
Can we take Input tax Credit of GST on Portfolio Management fees paid by the company??
Replies (3)
A taxable person can claim Input Tax Credit on the Goods and Services Tax charged on any supply of goods and/or services to him which are used or are intended to be used, during furtherance of his business, subject to block credit mentioned under sec 17(5) of CGST Act. Therefore, it is eligible ITC if it is used or are intended to be used, during furtherance of your business.
yes you can claim..it is Not covered under blocked credit
yes u can claim itc
Recent Topic
- Composition scheme
- Input tax credit under igst under insurance compan
- ITR Form to be used
- CGAS account Holder Deceased
- ITR form suggestion
- Post office KVP income.
- Free GST invoice tool I built for my practice R
- Clarification on Gratuity Exemption under Section
- GOODS AND SERVICE TAX - GSTR 1
- Correct ITR form
Related Topics
CAclubindia
