https://www.taxtmi.com/forum/issue?id=112179 Claiming input tax credit depends on whether the bank is required to pay GST under the reverse charge mechanism. If RCM applies, the bank must deposit GST in cash under RCM rules and may claim ITC thereafter subject to procedural and documentary conditions; however, manpower-supply services were clarified as not listed under RCM, meaning ITC for manpower invoices would be claimed under the normal supplier-charged GST regime if all ITC conditions are met. en-us Tue, 27 Jun 2017 15:54:42 +0530 Thu, 23 Jan 2025 15:55:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=112179 Claiming input tax credit depends on whether the bank is required to pay GST under the reverse charge mechanism. If RCM applies, the bank must deposit GST in cash under RCM rules and may claim ITC thereafter subject to procedural and documentary conditions; however, manpower-supply services were clarified as not listed under RCM, meaning ITC for manpower invoices would be claimed under the normal supplier-charged GST regime if all ITC conditions are met. Discussion-Forum GST Tue, 27 Jun 2017 15:54:42 +0530 https://www.taxtmi.com/forum/issue?id=112179