ITC claim on bonus
Praveen Aradhya (5 Points)
26 September 2019
Can we claim ITC on bonus to labour contact...18-19
3 Replies
Ravi kumar
(178 Points)
Replied 26 September 2019
Yes you can claim. It is same as salary and wages.
Pankaj Rawat
(GST Practitioner)
(55057 Points)
Replied 26 September 2019
But the bonus viven to employee & as per Schedule III its not a supply ????
Can you elaborate your query....
Can you elaborate your query....
Shivam RC
(Student)
(23683 Points)
Replied 26 September 2019
Agree with Pankaj Sir..
As per Para 1 of SCHEDULE III of the CGST Act 2017, Services given by an EMPLOYEE to his EMPLOYER is neither Supply of Goods or Supply of Services. That is why there is no GST on Salary.
As per Para 1 of SCHEDULE III of the CGST Act 2017, Services given by an EMPLOYEE to his EMPLOYER is neither Supply of Goods or Supply of Services. That is why there is no GST on Salary.
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