ITC
This query is : Resolved
17 September 2019
Will ITC be allowed on GST paid on higher education fee of employee paid by a Pvt Ltd Company, so that he can benefit organisation in long term.
Please guide me with section under GST law ?
I m waiting for your reply as soon as urgently
Please
And Thanks in advance
Please guide me with section under GST law ?
I m waiting for your reply as soon as urgently
Please
And Thanks in advance
18 September 2019
Yes ITC will be allowed on GST paid on higher education fee of employee paid by a Pvt Ltd Company, so that he can benefit organisation in long term.
See the link it will not fall under blocked credit. ITC allowed if the expenses incurred for business promotion.
https://www.caclubindia.com/articles/-itc-on-employee-expenses-36261.asp
See the link it will not fall under blocked credit. ITC allowed if the expenses incurred for business promotion.
https://www.caclubindia.com/articles/-itc-on-employee-expenses-36261.asp
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