ITC ON CANTEEN

[SURYAKANT MITHBAVKAR]

We have provide CANTEEN facility to our employees free of cost.

Whether we are eligible for ITC Credit on purchase of goods for CANTEEN.

[SHIVKUMAR SHARMA]

No.you are not eligible for ITC on purchase of goods for canteen, Which you are running for provide facility to your employee.

[ANITA BHADRA]

No , You are not eligible for ITC Credit on purchase of goods for Canteen .

Section 17(5)(b)(1) - ITC not available on food except when used for making outward taxable supply .

[YAGAY andSUN]

However, 46 Amendments to GST Law on Anvil; Employers may Get to Claim Input Tax Credit on Food, Transport.”

[DR.MARIAPPAN GOVINDARAJAN]

As on date it cannot be availed.

AI Summary

Debate on ITC Eligibility for Employee Canteen Purchases Under GST; Section 17(5)(b)(1) Restricts Claims A discussion on whether a company can claim Input Tax Credit (ITC) for goods purchased for an employee canteen under the Goods and Services Tax (GST) framework. The consensus among respondents is that ITC is not available for such purchases, as per Section 17(5)(b)(1) of the GST law, which restricts ITC on food unless used for outward taxable supply. One response mentions potential future amendments that might allow employers to claim ITC on food and transport.