Go AD-Free with CAclubindia Pro and Daily WhatsApp Updates. Subscribe Now!

ITC CREDIT

13 April 2019

CAN Limited lability company can claim GST ITC credit on expenses of staff transportation expenses.and also the give the suggestion regarding the ITC Credit availed on the staff welfare exps ?

Reply
Follow
Share

2 Replies

Pankaj Rawat (GST Practitioner) (55057 Points)
Replied 14 April 2019

It's Block U/S 17 (5)

But if the vehicle have searing capacity of 14(Including Driver) the ITC can be claim (Refer Amendment Act 31, of 2018, notified by Notification 2/2019 CT)

For Staff welfare : Food & beverages ITC is bock , But ITC can be availed if such is obligatory for an Employer to provides its Employees

2 Like