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Can take ITC Shortges and damages of Cement cost debit to transporter.

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(Querist)
17 June 2023 We are cement transportation business and provide vehicles for transportation of Cement. We are working under forward charges 12% GST. The Cement Company issue debit not for shortages of Cement and GST claimed 28%.
My question is can we take Input Tax credit on shortages and damages amount recovered from our freight bills.

L.D.Dharmadhikari
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
17 June 2023 No ITC can be claimed in such a case as it's a payment for shortage.
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CA Altamush Zafar

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CA Altamush Zafar (Expert)
18 June 2023 Yes ITC can be claimed since you are under forward charge with ITC and such costs are part of the business in general.
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