Case LawHAR/HAAR/R/2018-19/04
YKK India Private Limited ., n re
- Court:
- Authority for Advance Ruling
- Bench:
- Haryana
- Date:
- July 11, 2018
- Type:
- Advance Ruling
- Members:
- Sangeeta Karmakar, Vijay Kumar Singh
Subject
ITC on hiring of buses/cars for transportation of employees is NOT available
Input Tax Credit
Summary
The applicant is registered taxpayer and has entered into agreement for hiring commercially licensed vehicles for transportation of their employees. The question raised by the applicant is whether they are eligible to avail input tax credit of GST pa…
Judgement
1. M/s YKK India Private Limited (hereinafter referred to as the “applicant”) is engaged in the business of supply of slide fasteners, chains, sliders etc. (‘Zipper’ or ‘Final Product’). In furtherance to its business of supply of the said Final Products mentioned above, the Applicant uses various goods as well as services for which the applicable tax under the…