GST ITC ON MEMBERSHIP FEES TO CII (CONFIDRATION OF INDIAN INDUSTRY)

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12 Points Posted on 23 January 2021

DEAR SIR,

 

WE HAVE PAID CII MEMBERSHIP FEES OF RS.20000/-+ GST @ 18%

SHALL WE AVAIL ITC OF GST CHARGED BY CII

 

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On 23 January 2021 at 17:20 Report
Replies (4)
Quick Summary
This discussion clarifies whether businesses can claim Input Tax Credit (ITC) on GST paid for membership fees to the Confederation of Indian Industry (CII). The consensus is yes, you can claim the ITC. However, it's crucial that your outward supplies are taxable, and you can only claim ITC in proportion to your taxable supplies.

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Chartered Accountant
86505 Points Posted on 23 January 2021
Yes you can but in proportion to taxable supplies only. Refer Sec17(3)
1 Reply
On 23 January 2021 at 18:48
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"Do the Right Thing...!!!"
128157 Points Posted on 23 January 2021
Yes... You can claim ITC.
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On 23 January 2021 at 19:50
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Practicing Chartered Accountant
959 Points Posted on 26 January 2021
Yes, you can claim tax credit.
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On 26 January 2021 at 00:11
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GST Practitioner
55067 Points Posted on 26 January 2021
Yes the ITC can be claimed.

Note : Make sure that your outward supply is taxable.
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On 26 January 2021 at 23:19

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