Itc on bank charges

Can i claim itc on bank charges
Replies (4)
Quick Summary
Yes, you can claim Input Tax Credit (ITC) on bank charges for your business current or other business accounts. To be eligible, the charges must be properly collected, appear in your 2A, and you must possess a valid invoice. Crucially, all four conditions for claiming ITC as stipulated in Section 16(2) of the CGST Act 2017 must be met.

Yes, you can claim ITC on bank charges of business current or other Account..
Yes, you can claim itc if they collected properly, it is showing in your 2A and you have collected invoice
You can claim ITC on bank charges of your Business Current A/c provided all the 4 conditions of claiming ITC as laid down u/s 16(2) of the CGST Act 2017 are satisfied.
You can claim

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 07 September 2026
Article/ Paid Assistant

Murali and Sumeet Chartered Accountant

Bengaluru

CA Foundation

View Details
Company
19 August 2026
Chartered Accountant - Financial Consolidation & Reporting

Synergy Keystone

Mumbai

CA

View Details
Company
14 August 2026
Article Assistant CA Articleship

Eshwar & Co Chartered Accountants - Nungambakkam

Chennai

CA Inter

View Details
Company
ARTICLESHIP 17 August 2026
CA Article Trainee

ASC Group

Noida

CA Inter

View Details
Company
17 August 2026
Chartered Accountant with US GAAP Experience

Austin Med Solutions Pvt Ltd

Bengaluru

CA

View Details
Company
ARTICLESHIP 07 September 2026
CA Articles

Kothari Jain Patil & Chartered Accountants

Pune

CA Inter

View Details
Company
08 September 2026
Semi-Qualified Assitant

Subrahmanyam & Sivudu CA Firm

Hyderabad

CA Inter

View Details
Company
Featured 19 August 2026
Chartered Accountant

apricus india

Pune

CA

View Details