https://www.taxtmi.com/article/detailed?id=7373 Section 17(5) lists supplies excluded from input tax credit: motor vehicles and conveyances (with narrow business-use exceptions); specified personal or exempt services including food, catering, beauty, health services, club memberships, rent-a-cab and certain insurance (subject to limited exceptions); works contract and construction-related supplies for immovable property (other than plant and machinery); supplies taxed under the composition scheme; supplies to non-resident taxable persons (except imports); goods for personal consumption, lost or disposed goods; and taxes paid under assessment, detention or confiscation provisions. Definitions for "construction", "plant and machinery", "capital goods", "input" and "input service" determine eligibility based on capitalization and use in furtherance of business. en-us Mon, 17 Apr 2017 08:49:28 +0530 Mon, 17 Apr 2017 08:49:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7373 Section 17(5) lists supplies excluded from input tax credit: motor vehicles and conveyances (with narrow business-use exceptions); specified personal or exempt services including food, catering, beauty, health services, club memberships, rent-a-cab and certain insurance (subject to limited exceptions); works contract and construction-related supplies for immovable property (other than plant and machinery); supplies taxed under the composition scheme; supplies to non-resident taxable persons (except imports); goods for personal consumption, lost or disposed goods; and taxes paid under assessment, detention or confiscation provisions. Definitions for "construction", "plant and machinery", "capital goods", "input" and "input service" determine eligibility based on capitalization and use in furtherance of business. Articles Goods and Services Tax - GST Mon, 17 Apr 2017 08:49:28 +0530 https://www.taxtmi.com/article/detailed?id=7373