https://www.taxtmi.com/caselaws?id=375977 Input tax credit on an ambulance purchased for employees' benefit under the Factories Act was not admissible because entitlement had to be examined under section 17(5) of the GST Act as it stood when the vehicle was bought in November 2018. The later amendment effective from 01/02/2019 could not apply retrospectively. On the relevant date, motor vehicles and other conveyances were covered by the blocked-credit rule, and the employer-mandated supply exception was limited to rent-a-cab, life insurance and health insurance, not ambulances. The credit was therefore denied. en-us Tue, 26 Feb 2019 00:00:00 +0530 Fri, 28 Feb 2025 12:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=375977 Input tax credit on an ambulance purchased for employees' benefit under the Factories Act was not admissible because entitlement had to be examined under section 17(5) of the GST Act as it stood when the vehicle was bought in November 2018. The later amendment effective from 01/02/2019 could not apply retrospectively. On the relevant date, motor vehicles and other conveyances were covered by the blocked-credit rule, and the employer-mandated supply exception was limited to rent-a-cab, life insurance and health insurance, not ambulances. The credit was therefore denied. Case-Laws GST Tue, 26 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=375977