Government should permit input tax credit on donations of masks, PPEs, say tax experts

MUMBAI: Responding to the coronavirus pandemic, India Inc has opened its heart and purse strings. While donations and grants in cash, whether it be to PM Cares, or state government funds or even local hospitals, will not typically attract goods and service tax (GST), challenges arise when a company donates goods.  GST is levied on ‘supply’ of goods or services for a consideration made in ‘fur…