Dear members,
Whether itc on expences such as telephone bill, business promotion and repair & maintance. is allowed or not??
9 Replies
Akash Verma
(188 Points)
Replied 09 February 2018
Yes. Subject to restrictions under section 17(5) of CGST Act.
divyakrishnan
(Chartered Accountant)
(92 Points)
Replied 09 February 2018
1.Telephone bill - If it is in the name of the company and address and place of business is mentioned then only one should claim input claim
2.Business Promotion - Eligible for ITC
3.Repair and maintenance - Not resulted into immovable property - Eligibile for ITC
RAJA P M
("Do the Right Thing...!!!")
(128101 Points)
Replied 09 February 2018
Yes...
ITC available for above said Inwards / Expenses.
But Conditions are Your GSTIN is must in the Invoices... Also the same way the Seller will file the Invoice...
ITC available for above said Inwards / Expenses.
But Conditions are Your GSTIN is must in the Invoices... Also the same way the Seller will file the Invoice...
Taarakesh
(Practice)
(85 Points)
Replied 09 February 2018
Yes available subject to certain conditions.
One, your GSTIN should be mentioned in such invoice.
Two, such vendor should promptly file his GST returns.
Third, such amount should be reflected in GSTR 2.
One, your GSTIN should be mentioned in such invoice.
Two, such vendor should promptly file his GST returns.
Third, such amount should be reflected in GSTR 2.
mahesh lata
(student)
(86 Points)
Replied 12 February 2018
sir one of our sales person stay in hotel ,in other state .but hotal charge sgst & cgst instead charge igst . can we take credit for this
RAJA P M
("Do the Right Thing...!!!")
(128101 Points)
Replied 12 February 2018
No... ITC not available...
The hotel charged CGST & SGST is correct. Bcoz, The place of supply is Intra State...
Taarakesh
(Practice)
(85 Points)
Replied 12 February 2018
Please do share the provision that supports your statement : only CGST can be claimed as ITC
RAJA P M
("Do the Right Thing...!!!")
(128101 Points)
Replied 12 February 2018
| Originally posted by : mahesh lata | ||
 |
can take credit only cgst for this.. |  |
No.... No way for claim ITC in any head
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