Goods and Services Tax – Started By: – Manoj Kumar – Dated:- 6-5-2018 Last Replied Date:- 8-5-2018 – Dear Sirs, Whether ITC is admissible for the followings:-1. Uniforms purchased for employees.2. Stationery items and house keeping materials3. Monthly taxi fare paid for pick up and drop up at home4. GST paid to Service Provider for EPF of employees5. GST paid for Water Can (20 ltrs), Pet bottles (500 ml & 1000 ml)6. Courier Charges7. GST paid to Service Provider for Air Freight Service (Export) and Ocean Freight Service(Import) – Reply By YAGAY and SUN – The Reply = 1. Uniforms purchased for employees.Yes2. Stationery items and house keeping materials. Yes3. Monthly taxi fare paid for pick up and drop up at home. No4. GST paid to Servi
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He has furnished the return.If the inputs are received in lots, he will be eligible to avail the credit only when the last lot of the inputs is received.He should pay the supplier, the value of the goods or services along with the tax within 180 days from the date of issue of invoice, failing which the amount of credit availed by the recipient would be added to his output tax liability, with interest [rule 2(1) & (2) of ITC Rules]. However, once the amount is paid, the recipient will be entitled to avail the credit again. In case part payment has been made, proportionate credit would be allowed. – Reply By Ganeshan Kalyani – The Reply = Input tax credit is eligible on the inward supplies made in course or furtherance of business subject
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