GST-Blocked credit

prakyath n (5 Points)

04 March 2022  

Hi experts,
What are the ITC Implications if EDLI (Employee deposit linked insurance) is taken from 
a) 3rd party Insurer
b) EPFO

1.Is ITC Disallowed in both or
2.Disallowed for only b) (EPFO)
3. Allowed for both since EDLI is a statutory requirement