hello Caclubindia,
Greetings of the day
can u please let me know whether Cenvat credit can be taken for food coupons purchased from Sodexo since they are charging ST on total amount of the bill
thanks in advance
navinkumar naicker (Article) (419 Points)
22 September 2011hello Caclubindia,
Greetings of the day
can u please let me know whether Cenvat credit can be taken for food coupons purchased from Sodexo since they are charging ST on total amount of the bill
thanks in advance
DAYANANDA K N
(ACCOUNTS EXCECUTIVE)
(575 Points)
Replied 22 September 2011
Going by the plain reading of the "Input" defination under cenvat credit rules you can not take credit.
Regards
Dayananda
CA Unnikrishnan Nair N
(Chartered Accountant)
(2083 Points)
Replied 22 September 2011
It is a service for personal consumption. Appears to be inadmissible credit in the light of new definition of input service.
navinkumar naicker
(Article)
(419 Points)
Replied 22 September 2011
Sir what if a company purchases it then gives the same to its employees for consumption
CA Unnikrishnan Nair N
(Chartered Accountant)
(2083 Points)
Replied 22 September 2011
Still seems to be difficult.
surender
(Manager Accounts)
(149 Points)
Replied 22 September 2011
Cenvat credit can not be taken for food coupons.
CA RICHA BADALIA
(CA,CS)
(1682 Points)
Replied 22 September 2011
No you cant take credit of it.Only if it is utilised or is in connection with the service you are providing then only you can take credit of it and can set it off against that respective service .
navinkumar naicker
(Article)
(419 Points)
Replied 22 September 2011
all of u thanks for ur valuable reply my query is solved thanks a lot 
SANYAM ARORA
(“It's hard to beat a person who never gives up.”)
(20168 Points)
Replied 22 September 2011
No u cant take
CS Bijoy
(Expert)
(6394 Points)
Replied 23 September 2011
Input can be taken only on the service used in the process to provide output service / product.
Amit Gupta
(Loosening Myself)
(1508 Points)
Replied 24 September 2011
| Originally posted by : CA Unnikrishnan Nair N | ||
 |
It is a service for personal consumption. Appears to be inadmissible credit in the light of new definition of input service. |
 |
Agreeed.
Also any service for employee is inadmissible
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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