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ITC claim on trust
How a trust can be claim ITC
Replies (3)
Quick Summary
Very vague question
ITC can be claimed
There are certain criteria for a charitable trust or an NGO to be exempted from the Goods and Services Tax.
If trust is providing service which is taxable under GST then they can claim ITC on such taxable outward supply and in case if exempted then No ITC, if providing both taxable and Exempt then proportionally allowed.
If trust is providing service which is taxable under GST then they can claim ITC on such taxable outward supply and in case if exempted then No ITC, if providing both taxable and Exempt then proportionally allowed.
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