ITC Received from Bank on Bank Charges

06 October 2018

Shall we claim the ITC received from Banks on bank charges in GSTR-2A.
What are the provisions?

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5 Replies

CA Shivam Arora (Chartered Accountant) (2414 Points)
Replied 06 October 2018

Yes you may freely claim the ITC if you have a consolidated invoice issued by the bank.( Rule 54(2) read along with rule 46).

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RAJA P M ("Do the Right Thing...!!!") (128106 Points)
Replied 06 October 2018

Yes... You can claim ITC for Bank charges by the Bank.

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Manish Kumar (6 Points)
Replied 06 October 2018

Thank You Sir , Thanks for the help.

RAJA P M ("Do the Right Thing...!!!") (128106 Points)
Replied 06 October 2018

You are most welcome Dear...

subhagan sreerangam (7059 Points)
Replied 06 October 2018

All ITC claim can taken , displays in the GSTR 2A

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