We are Traders of Textiles. We are being paid GST on Advertisement Expenses. My question is that Can we avail the Input Tax Credit on GST whtich is paid to party.
02 October 2017
Yes... You can get ITC for the expenses related to your business. Also you got Taxable Invoice / Bills then you can claim as ITC. If its from URD then you ll be pay tax under RCM basis...