Education fee ITC

My Boss is paying education fee of one of his staff, he is doing CFA. It is a Proprietorship firm. Can we utilise the ITC in business.
Replies (5)
Quick Summary
This discussion explores the eligibility of claiming Input Tax Credit (ITC) on education fees paid by a proprietorship firm for an employee undertaking a course like CFA. The consensus leans towards 'no', as the services are received by the employee, not directly by the business, and invoices might be in the employee's name. However, one opinion suggests that if the invoice is in the firm's name and the training is deemed for business purposes, ITC might be claimable, similar to other business training.

In my opinion , No , You Can not Claim Input Tax Credit, because as per section 16(2) of the CGST Act, to claim Input tax credit , Invoice and Goods or services must receive by the Business entity, in your Case services are received by employee , also Invoice may be in the name of employee , only you are paying , So You Can not claim ITC .

Take others opinion as well.
No You can't Avail ITC
Although there is no GST on education services, however even if it has been charged, take invoice in the name of firm and if you think that it is for your business purposes, you can avail. it is similar like if any training is availed.
Regards
Thank you all

ours is a proprietorship firm. Have taken an education course.

My  query is whether gst paid is eligble for input or not?

second one is  education course fee paid is eligible as expenses?

 

Regards

Adarsh Aggarwal

 

 

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