gst on processing fees
Rhyythm Chhabra (17 Points)
21 November 2017
can we claim credit of the gst charged by bank on the loan processing fees?
1 Replies
Ravi Kumar Somani
(Indirect Taxes Specialization)
(3893 Points)
Replied 21 November 2017
Yes, Credit is available. Ensure proper Tax invoice is in possession. Provide GST No. at the time of loan application.
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