ITC on cost of employment under GST
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- Last Updated on 1 April, 2022
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S.V.S. Raghavendra Rao – [2022] 136 taxmann.com 365 (Article)
Every registered Taxpayer under GST is eligible to claim Input Tax on inputs and input services, received from Registered Taxpayer, subjected to the conditions under Sec 17(5) of GST Act. As per these provisions, any expenditure incurred by an employer for the benefit of his employees which are obligatory to provide under any Laws, can be considered as input and input services eligible to claim input tax credit by the employer in the course of his business. In this article, the author has discussed the eligibility of ITC on facilities provided by employer to employee in light of judicial pronouncements.
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