Can input tax credit be claimed on coveyance provided to employees?

Can my company claim input credit on conveyance provided to employees?

Banan

02/08/2019 13:32:52

0 Like 1 Reply Report Share

Replies

Banan02/08/2019 14:35:50

Yes it can incase it is mentioned in company's employment contract that employees will be provided conveyance to and from the company office. Since this is a type of a contractual agreement, so the company can claim back the VAT paid on these expenses.

0 Like

Reply :

Login to reply. click here

Q&A

You can also submit your query / question

Submit Query

Can input tax credit be claimed on coveyance provided to employees?

Replies

Q&A

Get latest updates from GccFinTax.com

GCC FinTax