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    <title>Eligibility of Input tax credit</title>
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    <description>ITC on GST charged by a stock broker for sale of mutual fund units is not available; forum replies attribute the disallowance to the GST blocked credit provision (Section 17(3) CGST) and distinguish stock broking from services of extending deposits, loans or advances, treating brokerage GST as an ineligible input cost rather than claimable credit.</description>
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      <description>ITC on GST charged by a stock broker for sale of mutual fund units is not available; forum replies attribute the disallowance to the GST blocked credit provision (Section 17(3) CGST) and distinguish stock broking from services of extending deposits, loans or advances, treating brokerage GST as an ineligible input cost rather than claimable credit.</description>
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