Investor Presentaiton
Tax Credit Not Allowed-Section 15A
A registered person shall not claim input tax in relation to goods and services
as provided in Table below:
S. No.
Description of Goods & Services
Following goods or services excluding ones directly used and consumed in
economic activity of registered person paying not lesser than @ 13%:
✓ vehicles falling in Chapter 87 of the First Schedule to the Customs Act, 1969
(IV of 1969), parts of such vehicles,
✓ food, beverage, garments, fabrics, etcetera and consumption on
entertainments, meetings, or seminars
✓ gift, and give aways
supply of electricity, telecommunication and gas to residential colonies.
✓ crockery, cutlery, utensils, etc.
✓ building material,
✓ Wires, cables, sanitary fittings, ordinary electrical fittings, electrical fans, bulbs,
tubes
✓ Office equipment and machines
MOORE Shekha Mufti
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