Intern
2382 Points
Joined July 2013
Under GST law, taxes paid on procurement of goods or services used in the course or furtherance of business are eligible to be availed as input tax credit, unless specifically restricted in any provision.
The GST incurred on air travel expenses for travelling of employees for official or business purposes of the company should, therefore, be available as input tax credit, subject to receipt of valid GST compliant invoice containing the prescribed particulars.
The invoice raised by the airline or travel agents should contain all the prescribed particulars, including name and registration number of the company.