Input on municiple fees

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177 Points Posted on 25 August 2020
we are builder and we paid municiple fee to local govt can we claim input on municiple fees
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On 25 August 2020 at 16:14 Report
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Builders paying municipal fees to local government bodies can generally claim Input Tax Credit (ITC) on these payments. This means you can potentially reduce your overall tax liability by reclaiming these fees. Consult with a tax professional for specific guidance related to your situation.

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4510 Points Posted on 25 August 2020
Originally posted by : Jeetu Manglani
we are builder and we paid municiple fee to local govt can we claim input on municiple fees

You can take ITC 

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On 25 August 2020 at 16:21
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Tax and Business Consultant
11616 Points Posted on 25 August 2020
Yes, you can take ITC on municipal fee paid to local Authorities...
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On 25 August 2020 at 17:13

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