ITC on Fees paid for employees

ITC / Input 829 views 6 replies
Hello Everyone,

if an employee pursuing MBA/CFA and company pays fees of that course than can company claim ITC on that?
Replies (6)
No the company cannot claim ITC
Which section under GST Law ITC not available for this
Can anyone please quote relevant section?
Dear Sunil :

Section 16 Of CGST Act prescribed that ITC can be claim only if it is being "in the course of or Furtherance of Business"

& .That's for sure that it's not in course of Business , yes if it is Furtherance of Business ....... I don't ,think so.. Yes if it is some training program then in that case it can be "Furtherance of Business" ( the trained employee skills can be used in business)
Yes it is not for furtherance of business. It is for the personal development of the employees. So ITC is not eligible
Its depend how u plea it


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