Dear expert,
our company has organised cricket match for employees In the third party ground now we received the tax bill for following descripttion
is I eligible to take ITC on it?
1.ground fee
2.umpires
3.sound system
4.transport
5.water can
No , You Can not claim Input tax credit, because it is not in the furtherance of Business as per section 16 of the CGST Act . take others opinion as well.
CAclubindia
