itc on service sector like bank whether we can claim full itc or 50%.
1 Replies
Nihit Somani
(109 Points)
Replied 14 November 2018
either go with the regular rules and claim 50 percent of ELIGIBLE ITC. ONCE OPTION EXERCISED, IT CANNOT BE WITHDRAWN FOR THAT YEAR. Eligible itc means itc available without consider ing non business itc or blocked itc.
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