Gst on bank charges
This query is : Resolved
30 August 2017
Dear sir,
My banker charged Rs:118/- as bank charges in which 100 bank cahrges Rs:18/- as GST,
If Iam a business Unit , Can I take credit of such GST.
Because we are receiving services from Bankers,
please clarify
My banker charged Rs:118/- as bank charges in which 100 bank cahrges Rs:18/- as GST,
If Iam a business Unit , Can I take credit of such GST.
Because we are receiving services from Bankers,
please clarify
30 August 2017
Yes you can claim ITC since the Banking Services are for furtherance of Business.
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