itc on taxi charges
JOSEPH MATHEW (MANAGER ACCOUNTS) (123 Points)
26 September 2018director had travelled to Delhi for exhibition and travelled in Delhi by taxi. provided bill with Igst 5%.can I claim itc
JOSEPH MATHEW (MANAGER ACCOUNTS) (123 Points)
26 September 2018
Deepak Gupta
(CA Student)
(15922 Points)
Replied 26 September 2018
Blocked u/s 17(5)(b)(iii) of CGST Act
"rent-a-cab, life insurance, health insurance except where
(A) the Government notifies the services which are obligatory for an employer to provide to its employees under any law for the time being in force; or
(B) such inward supply of goods or services or both of a category is used by a registered person for making an outward taxable supply of the same category of goods or services or both or as part of a taxable composite or mixed supply"
Shivam RC
(Student)
(23683 Points)
Replied 26 September 2018
JOSEPH MATHEW
(MANAGER ACCOUNTS)
(123 Points)
Replied 26 September 2018
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 26 September 2018