A company has made a CSR spend in course of which GST is paid under RCM. For obvious reason GST credit is not admissible for such expense and hence the same shall be expensed out. Can the GST paid under RCM be considered as CSR expense?
Whether GST-RCM in course of CSR spend be considered as CSR?
Rakesh Rao (CA Final Student) (408 Points)
12 December 2023