25 June 2018
My company purchase Titan Watch, Money Purse, for Employee or Client for every Month. My question is Should We get ITC from this type of purchase.
26 June 2018
but Mam as per GST Law Diwali gift purchase is available in ITC. then why we not get ITC in our purchase. If These purchase we shaw as business/sales promotion then I get ITC?
26 June 2018
Mam we Could Not Found the Section 17(5)(h) of the CGST Act in Internet site. Pl. Enplane the rule so that we will produce the rule to our boss. Our Boss is said you will treat as diwali gift or sales promotion in our books of account and take ITC
26 June 2018
Section 17(5)(h) Goods lost, stolen, destroyed, written off or disposed of by way of gift or free samples - It is correct? If it correct then please clarify what is the meaning of "disposed of by way of gift"? Mam we are not get the proper answer - Clarify Diwali Gift and Sale/ Business promotion
CAclubindia
