A firm, who is a wholesale dealer of ICE Cream pay large amount of electricity bill.
Is the firm eligible to take gst paid with electricity bill as input ?.
Thanks & Regards Shinoj Davis
Replies (5)
Quick Summary
This discussion explores the eligibility of claiming Goods and Services Tax (GST) paid on electricity bills as input tax credit (ITC). While some believe it's not eligible due to electricity supply being excluded from GST, others argue that if GST is indeed charged, ITC should be claimable as it's not explicitly restricted under Section 17(5) of the CGST Act.