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Itc on chit fund commission

This query is : Resolved 
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(Querist)
16 March 2018 Hello Sir ,
We have invested in the chit fund company and the company has deducted 5% for commision for their services, and further they had deducted 12% GST on chit fund commission, we as a firm can claim input on such GST deduction ?
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KAVIRAJA ADDANGADI

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KAVIRAJA ADDANGADI (Expert)
16 March 2018 no , you are not eligible to claim ITC
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vaibhav wadekar

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vaibhav wadekar (Querist)
17 March 2018 Please Sir , can you elobrate the reason as per law !
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