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

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