Wednesday, April 7, 2021

GST AAR: CSR expenses qualify for input tax credit

Corporate social responsibility expenditure is incurred by a company in order to comply with the requirements of the Companies Act, 2013. Thus, such expenses are incurred in the course of business and are eligible for input tax credit under Goods and Services Tax (GST) regulations, according to a GST ruling given by the Authority of Advance Ruling (UP Bench).

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3wB2yJq
via IFTTT
Share:

Related Posts:

0 comments:

Post a Comment

Interstitial

300x250

Definition List

Unordered List

Support