Query on credit to be taken
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 October 2017
Dear Sir/Madam,
We have purchased Cadbury assorted Chocolate boxes as Diwali gifts for staff and customers wherein GST @ 28% has been charged by the supplier. The invoice from the supplier is on the Company's name, so can the amount of GST be taken as credit towards the liability of the GST which is to be paid?
Regards..
We have purchased Cadbury assorted Chocolate boxes as Diwali gifts for staff and customers wherein GST @ 28% has been charged by the supplier. The invoice from the supplier is on the Company's name, so can the amount of GST be taken as credit towards the liability of the GST which is to be paid?
Regards..
14 October 2017
Yes...... You can take....
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- 44AD VS 44AB AUDIT
- GST APPLICABILITY TO DIAGNOSTIC
- CESS not claimed in GSTR3B either in inward supplies or outward supplies for the period Oct2025
- Query Regarding Refund Adjustment Against Outstanding Demand
- Seeing a huge entry in AIS Purchase of time deposits (SFT-005), what it is for
- PAN from DIN
- Query Regarding Adjustment of Income Tax Refund Against Interest Liability
- Itr processing delay
- ITR FILING ISSUE
- TDS on land property purchase Form-141 related query
- Purchase of property from NRI
- Multiple GST under same PAN
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
