Menu
Penalty paid under GST
Penalty paid under Gst is eligible for ITC claim.
Replies (5)
yeh cholbey nahi
not allowed at alll
penalties and interest paid for late filing not eligible for claiming ITC
yes agreed !!
Penalty paid U/s 129(1)(a) of the GST is eligible for ITC claim.
No Sir.....
As per the Provision of SECTION 17(5)(i) of the CGST Act 2017, penalty paid u/s 129 is not eligible for ITC. It is a Blocked Credit.
As per the Provision of SECTION 17(5)(i) of the CGST Act 2017, penalty paid u/s 129 is not eligible for ITC. It is a Blocked Credit.
Recent Topics :
- Clarifications for intra day transactions
- CA FINAL FR FINANCIAL INSTRUMENTS (Ind AS 109) Dou
- 70:30 GST rule for solar EPC: partial scope (struc
- TDS on Redevelopers hardship allowance received no
- Who will take FSSAI AND TRADE LICENSE: owner or te
- E Way Bill in respect of Without Bringing Material
- FAST DS 2026 query
- Consultation
- E-way notices for FY 22-23
- Gst file not created
Related Topics :
CAclubindia
