ITC on penalty charged by BSE or NSE

This query is : Resolved 

01 April 2020 Can we take ITC of GST on penalty charged by BSE or NSE?

01 April 2020 ITC can't be claimed on such penalty as it's not related to business.

02 April 2020 GST paid on penalty levied by SEBI from the Company is eligible for Input Credit. It is not under the blocked credit.




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