GST Are there any special provisions in respect of banking companies?

Discussion in 'GST (Goods & Service Tax)' started by Raju Choudhary, Apr 18, 2017.

  1. Raju Choudhary

    Raju Choudhary Active Member Staff Member

    Ans. A banking company or a financial institution including a non-banking financial company engaged in supply of specified services would either avail proportionate credit or avail 50% of the eligible input tax credit.
     
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