we are a pvt ltd company and provide free lunch to all the employees
we purchased a machinery to prepare the food for employees and paid IGST on it
can we claim ITC on it
Thanks
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ITC on machinery using for preparing food
Replies (3)
Supply provided by employer to employee in course of employment is not a supply as per Schedule III. So, no GST is payable on such transaction
But anything Free is provided in GST then section 17(5) is applicable , so ITC HAS TO BE REVERSED (U CANNOT CLAIM ITC)
..
But anything Free is provided in GST then section 17(5) is applicable , so ITC HAS TO BE REVERSED (U CANNOT CLAIM ITC)
..
Dear.,
If it's not a Supply... Then why not ITC can't available?
If it's not a Supply... Then why not ITC can't available?
Dear Raja
According to Premise of Advance Ruling Judgment in the case of Caltech Polymers Pvt. Ltd., Kerala -
The supply of food in canteen from employer to its employee is cover under the defination of supply (section 7 cgst)
Moreover supply by employer to employee is exempted upto 50k, so its not cover Under Non Gst Supply
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