Tough to claim input tax credit for donated goods

Times Of India

Mumbai: With floods causing havoc in many parts of India, several companies — as part of their corporate social responsibility ( CSR ) obligations — are engaged in providing relief. This can include donating food, drinking water, tarpaulins and other essentials. In the absence of any clarification, it is up to India Inc and  GST experts to decode whether such distribution of relief material w…

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