ITC ON NIL-RATE SUPPLY
Joyson joseph (3 Points)
18 May 2024
I am a nil-rate supplier. Can I claim ITC for bank charges?
6 Replies
RAJA P M
("Do the Right Thing...!!!")
(128101 Points)
Replied 18 May 2024
No... You can't claim ITC.
RAJA P M
("Do the Right Thing...!!!")
(128101 Points)
Replied 19 May 2024
| Originally posted by : Tapas Samadder | ||
 |
Thanks Raja ji |  |
You are welcome Sir...
prasad Nilugal
( GST Practitioner & Accounts )
(14880 Points)
Replied 19 May 2024
Nil rated supplies are , certain essential goods or services are kept Nil rated in the interest of the public by the Govt , on the recommendation of the GST council .
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