ITC FOR MEDICINE FOR INDUSTRIAL

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78 Points Posted on 23 March 2024
ITC FOR MEDICINE USED EMPLOYEES and CASUAL LABOUR
FOR INDUSTRIAL ITC APPLICABLE ??
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On 23 March 2024 at 15:57 Report
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Quick Summary
This discussion addresses the applicability of Input Tax Credit (ITC) for medicines provided to employees and casual labour in industrial environments. According to Section 17(5)(g) of the CGST Act, such ITC is generally not allowed. However, the question arises whether this changes given the mandatory provision of hospitals under the Factories Act.

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116 Points Posted on 23 March 2024
Not allowed in terms of section 17(5)(g) of cgst act 17
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On 23 March 2024 at 17:49
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78 Points Posted on 25 March 2024
Dear sirs . Thank you for your information.As per factory act. Hospital is compulsory ITC is applicable ??
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On 25 March 2024 at 11:31

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