Hello Sir
A Company is receiving Canteen services for which every month paying Rs. 1,00,000+ GST @ 18%
Request you to advise if this inward service is eligible to get ITC
Thanks
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ITC on Canteen Services by Outsiders
Replies (2)
Eligibility for ITC As per Section 16 of the CGST Act, 2017, ITC is eligible for:
1. _Business purposes_: Inputs or input services used or intended to be used for business purposes.
2. _Taxable supplies_: Inputs or input services used to make taxable supplies.
Canteen Services and ITC Eligibility Canteen services are considered as:
1. _Input services_: Canteen services are input services used for the benefit of employees.
ITC is allowed on canteen service bills since canteen is mandatory to be maintained for employees under factory act 1948...
canteen is mandatory if total employees is more than 250...
canteen is mandatory if total employees is more than 250...
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