Input Tax Credit Allowed for CGST and SGST on Brokerage for Renting Property; Can Offset Output Tax Payable.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Input tax credit - CGST & SGST charged in respect of brokerage services for renting of immovable property - credit is allowed on brokerage services and allowed to be adjust the same against output tax payable against Renting of immovable property....