Dear all,
Suppose the Authorized Person (AP) / Business Partner (BP) is a client of the main broker
Will the AP / BP get ITC on
A) GST paid on brokerage on purchases and sales
B) GST paid on other charges
Thanks in advance,
Regards,
Geetha
Geetha Gupta (Accountant) (325 Points)
11 August 2017Dear all,
Suppose the Authorized Person (AP) / Business Partner (BP) is a client of the main broker
Will the AP / BP get ITC on
A) GST paid on brokerage on purchases and sales
B) GST paid on other charges
Thanks in advance,
Regards,
Geetha
Neha Jain
(Chartered Accountant)
(1085 Points)
Replied 12 August 2017
Yes ITC available if all expenses incurred for business purpose
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