17 January 2019
A Company has purchased the sports equipments for employees. The supplier has issued the Tax invoice. Can ITC of GST paid on such bill can be taken?
17 January 2019
In my opinion it does not come under blocked credit u/s 17(5) but again it is to be seen whether it confirms to mandatory requirement of being in the course of or furtherance of business.
CAclubindia
