https://www.taxtmi.com/forum/issue?id=115663 Availability of input tax credit on bank service charges requires that the charges be incurred in the course of business and that outward supplies be taxable; if supplies are partly exempt, only proportionate credit is allowed. Claimants must possess valid tax invoices or prescribed bank debit advices, ensure GSTIN details on banking documents where applicable, and reconcile the credit with inward supply records as reflected in return schedules. en-us Wed, 13 Nov 2019 17:09:39 +0530 Thu, 23 Jan 2025 15:54:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=115663 Availability of input tax credit on bank service charges requires that the charges be incurred in the course of business and that outward supplies be taxable; if supplies are partly exempt, only proportionate credit is allowed. Claimants must possess valid tax invoices or prescribed bank debit advices, ensure GSTIN details on banking documents where applicable, and reconcile the credit with inward supply records as reflected in return schedules. Discussion-Forum GST Wed, 13 Nov 2019 17:09:39 +0530 https://www.taxtmi.com/forum/issue?id=115663