Could you claim input credit from purchase of diwali gift
This query is : Resolved
21 November 2017
Dear sir,
I purchased Rs.350000/- cost of Dry fruit and sweet for my staff But supplier levied Gst on it . Could I Claim Input credit on it
I purchased Rs.350000/- cost of Dry fruit and sweet for my staff But supplier levied Gst on it . Could I Claim Input credit on it
21 November 2017
accordingly section 17(5) and sub section 16
thanks
thanks
21 November 2017
ITC is not available on goods distributed free of cost or free sample.
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