ITC on bank chargers.

ITC / Input 232 views 5 replies
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...
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...
in net banking there is the option to provide GST no. to take credit


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register