News & Media 3rd Feb 2023

India Inc braces for CSR cost blow


Adarsh Somani Partner | Mumbai

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The Budget proposals provide that input tax credit under the Goods and Services Tax (GST) provisions, will not be available in respect of goods or services acquired by a company for use to meet its Corporate Social Responsibility (CSR) obligations.

The Times Of India has written a detailed article titled ‘India Inc braces for CSR cost blow’ where Adarsh Somani, Partner, Economic Laws Practice (ELP)’s views have been sought.

Read the detailed article here: Click here