ITC on Loan Prepayment Charge

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Can I claim ITC on Loan Prepayment charges ?
Replies (5)
Yes...if loan is business loan
Are you sure
Yes if this is business related expenses then only you can take it for sure.....
Yes the ITC can be claimed in subject to conditions prescribed in Section 16 of CGST Act

Can I claim ITC on Loan Prepayment charges , I have taken Loan Against Property now I want pay prepayment. Can I claim ITC or not.

 


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