CSR activities not eligible for input tax credit (ITC): AAR Ruling

In re Shriram Pistons And Rings Limited (GST AAR Uttar Pradesh) This article provides an analysis of the GST Advance Ruling (AAR) issued for Shriram Pistons and Rings Limited regarding the availment of input tax credit (ITC) for GST paid on various services and expenses related to their Corporate Social Responsibility (CSR) obligations. The ruling examines the interpretation of Section 16(1) of the CGST Act and its applicability to CSR activities. The AAR discusses the provisions of the Companies (CSR Policy) Rules, 2014, which exclude activities undertaken in the normal course of business fro...