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ITC on bank chargers.
can we avail the ITC of bank charges ?
Replies (5)
Yes you can ITC on bank charges. Please share your GSTN to the bank. Bank statement would be treated as invoice.
Yes...
You can avail the benefit ITC from the the Bank Charges if you have business / Current account in the name of Firm and GSTIN...
Can't avail Individual account...
You can avail the benefit ITC from the the Bank Charges if you have business / Current account in the name of Firm and GSTIN...
Can't avail Individual account...
if anyone use his saving account for business, then whether he can avail credit
No....
Bcoz, In my view he can't link his GSTIN in the Bank Account. As per rule GSTIN is mandatory if we will take ITC from our available Inputs...
Bcoz, In my view he can't link his GSTIN in the Bank Account. As per rule GSTIN is mandatory if we will take ITC from our available Inputs...
in net banking there is the option to provide GST no. to take credit
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