Louis Devakumar (Sr.Manager Finance) (21 Points)
19 December 2017Our Company is a Marketing Company, where our major expenses are from conducting trainings and motivational meetings at Hotels.
Our company siitutated in Karnataka, but the meetings are conducted in many parts of India.
When the Meeting bills come for accounting these are Local Bills containing CGST and SGST.
As we are from Karnataka can we take the input credit of CGST and SGST of other states?
Gangaraju T C
(185 Points)
Replied 19 December 2017
Gangaraju T C
(185 Points)
Replied 19 December 2017
Gangaraju T C
(185 Points)
Replied 19 December 2017
megha patil
(3 Points)
Replied 01 August 2019
But If they are giving CGST & SGST Bill then we can not take credit is the right or wrong?
sandeep
(Accountant)
(111 Points)
Replied 03 August 2019
You can not take credit of the same since it is ineligible . Further , you need to mention ineligible credit in your GSTR-3B. if you failed to do so, you might get department notice for not mentioning the ineligible credit.
Anshul Jain
(Professional)
(190 Points)
Replied 03 August 2019
No. ITC of CGST and SGST paid in Karnataka can only be eligible to the Company. For services received in another state ITC of IGST can be availed.
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961
CAclubindia
