can we claim itc on visiting card, dairy
Calendar etc.?
2 Replies
CA ABHAY GUPTA
(Practice)
(3235 Points)
Replied 17 December 2018
Goods lost, stolen, destroyed or written off or disposed of by way of gifts or free samples will also not qualify for GST. This includes diaries, calendars and other gifts disposed of/distributed on occasions such as New Year’s Eve, etc.
pritesh
(CA Final student)
(7101 Points)
Replied 17 December 2018
yes you can claim it is your business expenses.
according to me section 17(5) will not attract.
sec 17(5) stat only
Goods lost, stolen, destroyed, written off or disposed off by way of gift or free samples.
according to me section 17(5) will not attract.
sec 17(5) stat only
Goods lost, stolen, destroyed, written off or disposed off by way of gift or free samples.
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