Penalty paid under GST

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Penalty paid under Gst is eligible for ITC claim.
Replies (5)

yeh cholbey nahi 

not allowed at alll 

penalties and interest paid for late filing not eligible for claiming ITC

yes agreed !!

Penalty paid U/s 129(1)(a) of the GST is eligible for ITC claim.
No Sir.....

As per the Provision of SECTION 17(5)(i) of the CGST Act 2017, penalty paid u/s 129 is not eligible for ITC. It is a Blocked Credit.


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