TMI BlogInput credit allowedX X X X Extracts X X X X X X X X Extracts X X X X ..... Input credit allowed X X X X Extracts X X X X X X X X Extracts X X X X ..... Input credit allowed against the followings 1. Expenses paid for staff welfare like Food Exp. , Hotel Bill, and factory canteen exp. 2. Building Repair Expenses 3. Printing & Stationery expenses ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 4. cab on rent expenses Kindly Provide the specific proof to availing the above said expenses thx. regard Reply By Ganeshan Kalyani: The Reply: ITC on factory canteen and printing and stationer ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y is an eligible credit provided the outward supply is taxable.
Reply By KASTURI SETHI:
The Reply:
Dear Querist,
Read Section 17(5) of CGST Act, 2017. It is very much clear. X X X X Extracts X X X X X X X X Extracts X X X X ..... Knowledge Sharing ..... X X X X Extracts X X X X X X X X Extracts X X X X
|