GST Input of Professional Fees

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12 Points Posted on 24 December 2020

Dear Sir

We have made a  payment of professional fees to a engineer to compare the two different grade of steel material 

For that he charges us GST

Can we avail the ITC

We are the trader of steel material

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On 24 December 2020 at 11:46 Report
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Quick Summary
This discussion clarifies whether a steel trader can claim Goods and Services Tax (GST) input tax credit (ITC) on professional fees paid to an engineer. The engineer was hired to compare different grades of steel materials and charged GST on their services. The consensus is that since the service was for a business purpose, the ITC can indeed be availed.

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374 Points Posted on 24 December 2020
Yes since it is for business purpose we can claim.
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On 24 December 2020 at 12:03
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12 Points Posted on 24 December 2020

Thank you sir

 

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On 24 December 2020 at 12:06

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