Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

flight expenses can be taken as Input Credit ?

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... flight expenses can be taken as Input Credit ?
Query (Issue) Started By: - rakesh rohilla Dated:- 16-9-2017 Last Reply Date:- 25-9-2017 Goods and Services Tax - GST
Got 5 Replies
GST
I ha .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ve booked 2 flight tickets for business meeting of a client of departure and return. Can i take credit of taxes paid on ticket and under which head i can adjust the input in GST portal. Moreover I hav .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... e paid a hotel in cash of rs 1000, can i book input on this also or not. A small attention to this query is highly appreciated. Reply By Himansu Sekhar: The Reply: If the gstn is mentioned in the in .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... voice, there is no restriction of taking credit. But in hotel case, credit of cgst,sgst of one state cannot be taken in another state. Reply By SHIVKUMAR SHARMA: The Reply: Yes, you can avail ITC Su .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... bject to Tax invoice having your Company's name & GSTN number. Reply By MARIAPPAN GOVINDARAJAN: The Reply: The expenditure incurred should be in the course of or furtherance of business for avai .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ling input tax credit. Reply By Ganeshan Kalyani: The Reply: It will be challenging to prove that the expense was not for personal purpose. Reply By Ramaswamy S: The Reply: Credit can be availed .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... as long as it is used in the course of furtherance of business
Discussion Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates