Is purchese of documents for tender purpose can be recorded as legal expenses under indirect expenses in tally prime.Can claim as input on this in gstr-3B please suggest
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Quick Summary
This discussion explores whether the purchase of documents for tender purposes can be classified as legal expenses in TallyPrime and claimed as input tax credit (ITC) on GSTR-3B. For a banner printing and material trading business, the consensus is that ITC can be claimed if GST was charged on the document purchase, provided it's accounted for under Printing & Stationery expenses.