https://www.taxtmi.com/caselaws?id=293054 Input tax credit was denied on employee canteen services because food and catering services fell within the blocked-credit restrictions, and the statutory proviso was treated as applicable only to the employee-benefit clause, not to food and beverages. Coupon recoveries from employees were treated as part of the consideration for the subsidised catering arrangement and therefore included in the taxable value; the employee exclusion in Schedule III was held inapplicable to that reverse-supply structure. Input tax credit on business promotion items such as sweets, dry fruits and gift articles was also denied because goods distributed as gifts are not eligible inward supplies and are expressly covered by the blocked-credit rule. The advance ruling thus upheld taxability of the coupon recovery and rejected credit on the disputed inputs. en-us Tue, 04 Feb 2020 00:00:00 +0530 Mon, 17 Mar 2025 11:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=293054 Input tax credit was denied on employee canteen services because food and catering services fell within the blocked-credit restrictions, and the statutory proviso was treated as applicable only to the employee-benefit clause, not to food and beverages. Coupon recoveries from employees were treated as part of the consideration for the subsidised catering arrangement and therefore included in the taxable value; the employee exclusion in Schedule III was held inapplicable to that reverse-supply structure. Input tax credit on business promotion items such as sweets, dry fruits and gift articles was also denied because goods distributed as gifts are not eligible inward supplies and are expressly covered by the blocked-credit rule. The advance ruling thus upheld taxability of the coupon recovery and rejected credit on the disputed inputs. Case-Laws GST Tue, 04 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=293054