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ITC for 2019-20

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Maya

Student

472 Points Posted on 09 January 2023

Dear frds / experts,

A small manpower company has claimed the following ITC in GST for the f.y.2019-20. Can u plz explain whether it is eligible or not along with provisions:-

1) Stationery bills for office use
2) Office mobile recharge
3) car maintenance exp like tyres, service, other spare parts ( where that car is in the name of the Director and that car is used for company purpose only)
4) Newspaper Ad (for office purpose)
5) Textile shop bill (Uniform clothes purchased for employees)
6) Gold jewellery bill ( jewells purchased for clients marriage function)
7) Jewellery shop bill (Gold showcase piece for the company)
8) UPS purchased for company
9) Fan purchased for office.

your earliest reply is greatly appreciated. plz kindly advice me along with provisions.

Thanks in adv.
-Maya

Replies (6)

Quick Summary

This discussion clarifies the eligibility of Input Tax Credit (ITC) for a manpower company for the financial year 2019-20. It addresses various expenses, including stationery, mobile recharges, car maintenance, advertisements, employee uniforms, and office equipment like UPS and fans. The advice provided explains which items are eligible for ITC under GST provisions and highlights specific blocked credits, such as car maintenance and certain jewellery purchases.

Based on the information provided, the following items are eligible for ITC:

Stationery bills for office use
Office mobile recharge
Newspaper Ad (for office purpose)
Textile shop bill (Uniform clothes purchased for employees)
UPS purchased for company
Fan purchased for office

The following items are not eligible for ITC:

Car maintenance expenses (unless the car is owned by the business and used solely for business purposes)
Gold jewellery bill (purchased for a client's marriage function)
Jewellery shop bill (for a gold showcase piece for the company)