itc of gst on electricity bill
Manish Khimavat (35 Points)
31 May 2017if yes then should the bill be raised on co.name?
we are on rental premises.
Manish Khimavat (35 Points)
31 May 2017
SAURABH ZAWAR
(269 Points)
Replied 01 June 2017
Tarak Shah
(Chartered Accoutants)
(105 Points)
Replied 17 August 2017
Electricity has been kept aside under the purview of GST at present. So, electricity does not fall under GST at present. Hence, GST is not applicable for electricity. However, the taxes applicable at present for electricity is continued as before.
Hope it will clear to you, hence no question of ITC in case Elec. Bill.