WHEN WE TAKE LOAN FROM BANK, BANK CHARGES GST ON LOAN AMOUNT. MY QUESTION IS CA WE AVAIL THAT GST ITC. ? IF YES HOW ?
Yes you can take ITC on bank charges.
Bank will issue debit advice or statement mentioning GST charges, you need to update your GST number with bank.
Bank should upload these details in GSTR-1 and pay to government.
You can claim ITC in your GSTR-3B.
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