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Gst on bank charges (mdr)
when a customer swipes his card for payment, bank deducts 1% charge from such payment. on this 1% charge gst is also deducted if tnx value is more thsn 2000. will i be able to take itc of such gst paid ?
Replies (1)
Yes , ITC is available when it is being used in course business .
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