ITC AVAILABLE ON DRINKING WATER
Mukesh Parmar (29 Points)
14 September 2020
hi guys I want to know about ITC on drinking water in office for employees can we claim ITC on drinking water?
5 Replies
Rashmi Dalmia
(67 Points)
Replied 14 September 2020
Section 17(5)(b) of the CGST Act restricts the entitlement of ITC on beverages.. Based on a perusal of various judicial precedents and lexicons, drinking water does not constitute a beverage. Hence, ITC on drinking water is available
CA Akshay Hiregange
(Partner - Audit & Assistance)
(4515 Points)
Replied 14 September 2020
Yes agreed. Although only sealed water and the like is taxable (others being exempt)
The Hon. Supreme Court in the case of Hamdard (Wakf) Laboratories VS CCE, Meerut 1999 (113) E.L.T. 20 (S.C.) has observed that - “Beverages are liquids for drinking, other than water, it may be consumed neat or after dilution”
Sagar Patel
(Tax and Business Consultant)
(11611 Points)
Replied 15 September 2020
Yes, you can claim ITC on same....
Sagar Patel
(Tax and Business Consultant)
(11611 Points)
Replied 18 September 2020
Welcome............
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