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    <title>Partial recovery of Mobile phone from employee-GST Input</title>
    <link>https://www.taxtmi.com/forum/issue?id=116839</link>
    <description>Whether an employer may claim input tax credit on the full invoice value of a mobile supplied to an employee when the employer pays GST on the entire invoice but recovers part of the purchase price from the employee; the correct approach is to reverse the ITC attributable to the recovered portion because that portion is effectively paid by the employee, and to determine whether the recovery includes GST, noting that capitalising the asset inclusive of GST precludes claiming ITC on the capitalised amount.</description>
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      <title>Partial recovery of Mobile phone from employee-GST Input</title>
      <link>https://www.taxtmi.com/forum/issue?id=116839</link>
      <description>Whether an employer may claim input tax credit on the full invoice value of a mobile supplied to an employee when the employer pays GST on the entire invoice but recovers part of the purchase price from the employee; the correct approach is to reverse the ITC attributable to the recovered portion because that portion is effectively paid by the employee, and to determine whether the recovery includes GST, noting that capitalising the asset inclusive of GST precludes claiming ITC on the capitalised amount.</description>
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      <law>GST</law>
      <pubDate>Tue, 10 Nov 2020 13:56:16 +0530</pubDate>
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