A company had held a party for its dealers in Diwali for completing their targets and celebration in a banquet hall along with food. The hotel has charged invoice for buffet dinner and charged gst on same.
Can we claim ITC of such GST?
4 Replies
Rajesh Chakilam
(3 Points)
Replied 20 August 2018
Since the company is not making a further supply of such service, it will not get ITC. However, if it further collects money from the employees to organise this event, ITC will be available.
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 20 August 2018
ITC not available for above said details.
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 20 August 2018
No no itc available as block under section 17(5)
Shivam RC
(Student)
(23683 Points)
Replied 20 August 2018
ITC not available on food and beverages as it is Blocked u/s 17(5) of CGST Act 2017.
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