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GST - Highlights / Catch Notes

Home Highlights October 2021 Year 2021 This

Input Tax Credit - option to pay GST at concessional rate ...


Concessional GST Rate Blocks Input Tax Credit on Rent, Commission, Professional Fees, and Telephone Charges per Notification.

October 27, 2021

Case Laws     GST     AAR

Input Tax Credit - option to pay GST at concessional rate availed - other indirect expenses incurred for the purpose of business such as rent, commission, professional fees, telephone etc. - since the applicant has been availing the benefit of the said notification and paying GST at a concessional rate, they shall not avail Input Tax Credit. - AAR

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