Dear Experts
Kindly confirm the Input credit allowed against the followings
1. Expenses paid for staff welfare like Food Exp. , Hotel Bill, and factory canteen exp.
2. Building Repair Expenses
3. Printing & Stationery expenses
4. cab on rent expenses
Kindly Provide the specific proof to availing the above said expenses
thx. regard
Eligibility of GST Input Tax Credit for Staff Welfare, Repairs, and More; Consult Section 17(5) of CGST Act, 2017. A query was raised regarding the eligibility of input tax credit under GST for expenses related to staff welfare, building repairs, printing and stationery, and cab rentals. One response indicated that input tax credit (ITC) is permissible for factory canteen and printing and stationery expenses if the outward supply is taxable. Another response advised consulting Section 17(5) of the CGST Act, 2017, for clarity on the matter. (AI Summary)