Sir/ Madam,
A firm, who is a wholesale dealer of ICE Cream pay large amount of electricity bill.
Is the firm eligible to take gst paid with electricity bill as input ?.
Thanks & Regards
Shinoj Davis
Menu
Input eligibility of gst paid with electricity bill
Replies (5)
No, the GST paid on electricity bills is not eligible for input tax credit
I guess there should not be any restriction on claiming ITC because same is not mentioned in Sec 17(5) of CGST Act
Who is charging gst on electricity bill?
Electricity supply is excluded from GST , hence no GST will be charged on electricity bill and no question of credit arises.
Yes ITC is available.
Recent Threads
- Can I set off equity losses(both short term loss a
- Input tax credit on rent to rent
- Family Pension Army
- Waste Management services
- Seeking Clarity: New Transport Allowance Limits (D
- Query regarding Consolidated Gift Deed for Bank Tr
- TDS u/s194IB - Joint Ownership
- Free GST Reconciliation Tool in Google Sheets R
- NRI return after due date refund case
- TDS u/s 194J - training honorarium
Related Threads
CAclubindia
