Input Tax Credit in Skilling

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accountant
56 Points Posted on 21 September 2021
Hello,

we are a sector skill council affiliated with NSDC and exempted vide notification no. 12/2017 u/s 11.

Please let us know on which expenses we are claimed ITC.

Regards
Ashu Gupta
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On 21 September 2021 at 18:12 Report
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Quick Summary
This discussion addresses whether sector skill councils, affiliated with NSDC and exempted under notification 12/2017, can claim Input Tax Credit (ITC). The consensus is that because their output services are exempted, no ITC can be claimed. This is considered blocked ITC for educational institutions registered under NSDC.

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Employee Private
1913 Points Posted on 21 September 2021
As your out put services are exempted u/s 11, no ITC will be allowed.
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On 21 September 2021 at 18:28
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Chartered Accountant
24588 Points Posted on 22 September 2021
No ITC cannot be claimed in this case it is blocked as it is an educational institution registered under NSDC
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On 22 September 2021 at 09:25

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