CSR expenditure under GST regime
CSR expenditure under GST regime Section 16(1) of CGST Act, 2017 provides that input tax shall be allowed on goods or services which are used or intended to be used in the course or furtherance of business. Further, Section 17(5) disallows credit on certain goods and services. It is pertinent to note that the GST provisions do not specifically allow or disallow input tax credit on CSR expenses. Further, there is no explanation similar to what is available under the Income Act. Thus, one may take a view that credit is available under GST. However, department places reliance on clause (h) of section 17(5) to disallow CSR related credit which restricts ITC on goods given in the form of gifts. Yes M/S. BAMBINO PASTA FOOD INDUSTRIES PRIVATE LIMITED - 2022 (11) TMI 482 - AUTHORITY FOR ADVANCE RULING, TELANGANA No M/S. DWARIKESH SUGAR INDUSTRIES LIMITED - 2020 (1) TMI 1430 -AUTHORITY FOR ADVANCE RULING, UTTAR PRADESH M/S. ADAMA INDIA PRIVATE