Input tax credit

ITC / Input 248 views 4 replies
Meeting of Regional officers held in hotel and dinner was arranged.
ITC of GST charged in bill will be disallowed u/s 17(5)
being outside catering.
Is it correct?
Replies (4)

YES, THE INPUT TAX CREDIT ON OUTDOOR CATERING SERVICES CANT BE TAKEN 

itc of foods and beverages is in blocked credit sec 17(5)... so u cannot avail itc

But if the food was served as the part of composite supply then you can avail itc... as per your case rent for hall rent and food would be a composite supply so you can avail itc

Dear Sandhya,

 

Yes, the input tax credit for above mention transaction is blocked u/s 17(5)

 

Thanks

Kamal Kumar

Dear Sandhya,

 

Yes, the input tax credit for above mention transaction is blocked u/s 17(5)

 

Thanks

Kamal Kumar


CCI Pro

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