Hi,
On forex inward remmitance, the bank is charging 18% of 1% of value remmited. Can I claim ITC on this?
Thanks
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(170785 Points)
Replied 13 January 2018
Provided it is in connection with 'furtherance of business' and bank issues you invoice with your GST enmarked.
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)