Gst credit

ITC / Input 202 views 3 replies
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


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