gst itc credit, Goods and Services Tax - GST

[Madhavan iyengar]

Annual function for employees - tent charges and banner put up of company, whether ITC will be available as credit for banner and tent charges

Posts / Replies

[Ganeshan Kalyani]

ITC is disallowed as it may be covered under section 17(5) of CGST Act.

[DR.MARIAPPAN GOVINDARAJAN]

If it is for furtherance of business it is allowed.

[Ganeshan Kalyani]

Will this not cover under personal consumption.

[KASTURI SETHI]

In pre-GST era, credit was allowed as input service on this issue. There are many case laws in favour of assessees.