Gst credit on bags given to employees with company logo
This query is : Resolved
24 July 2019
Dear Sir/Mam,
Our company is giving bags,diary and keychain to employees with company name on it.
Can we take GST Input Credit on the same??
Our company is giving bags,diary and keychain to employees with company name on it.
Can we take GST Input Credit on the same??
24 July 2019
If the same is given as a gift to the employees then the credit on the same is restricted under section 17(5) as the goods are disposed off by way of gifts.
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