GST on security deposit
Eshant Kesharwani (9 Points)
20 March 2021it 18% so can I claim ITC on it
Eshant Kesharwani (9 Points)
20 March 2021
CA Altamush Zafar
(GST Consultant)
(15966 Points)
Replied 20 March 2021
Strictly speaking GST is not charges on security deposit if it is returnable. However if it is charged then claiming of ITC will depend upon whether such ITC is allowed as per section 16 & 17
prasad Nilugal
(3914 Points)
Replied 20 March 2021
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