https://www.taxtmi.com/forum/issue?id=118857 Whether input tax credit is available on GST charged for services incurred in an offer for sale of promoters' shares, given that securities transfers are not goods or services. One view denies credit since the transaction concerns securities; the contrary view treats underwriting, listing and related consultant charges as taxable services supplied to the company in the course of business and therefore eligible for input tax credit, subject to statutory conditions. en-us Fri, 17 Nov 2023 13:55:27 +0530 Fri, 24 Jan 2025 10:40:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=118857 Whether input tax credit is available on GST charged for services incurred in an offer for sale of promoters' shares, given that securities transfers are not goods or services. One view denies credit since the transaction concerns securities; the contrary view treats underwriting, listing and related consultant charges as taxable services supplied to the company in the course of business and therefore eligible for input tax credit, subject to statutory conditions. Discussion-Forum GST Fri, 17 Nov 2023 13:55:27 +0530 https://www.taxtmi.com/forum/issue?id=118857