ITC Eligibility on Event Management Service

This query is : Resolved

SUDHEEP M (Querist)
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02 June 2022 Sir,

I have organized an event in my company connected with inauguration of a new division together with food and catering service. I am doing business in the field of building material. Invoice was issued by the party with GST and mentioning service was "Food and Service and Event Co-ordination. Confirm whether I am eligible to take credit of ITC?.

R. B. Yadav (CMA, LLB)

R. B. Yadav (CMA, LLB) (Expert)
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02 June 2022 Input credit on food and beverage is restricted under section 17(5). Therefore, you will not be allowed to take the credit on Food and beverage . Input credit on event co-ordination service will also not be allowed as it doesn't have direct nexus with your outward supplies. I hope it clarifies.
Thanks,
Rajbir Yadav