Itc on bank charges

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..... Itc on bank charges
Query (Issue) Started By: - mukesh gupta Dated:- 4-2-2020 Last Reply Date:- 5-2-2020 Goods and Services Tax - GST
Got 2 Replies
GST
Any remittances to foreign supplier .....

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..... under high seas sale purchase bank charges commission on forex conversion & GST on it . Is itc available on that GST if there is invoice issued by bank and shown in 2 a portal. Reply By KASTURI SETH .....

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..... I: The Reply: ITC is available on bank charges. Take care of other conditions laid down in Sections 16 and 17 of CGST Act. Reply By Ganeshan Kalyani: The Reply: ITC is eligible on bank charges.
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..... Discussion Forum - Knowledge Sharing .....

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