TMI BlogITC ELEGIBILITY ON FOOD BILLS OF DIFFERENT TYPES.X X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Experts, Our company is in Pondicherry. Our staff submitting Food Bills consumed by them during their official visits to local and other states. 1. Local bills with CGST+SGST. 2. Other state bills with IGST 3. Other state bills with CGST+SGST All the above 3 categories are eligible for ITC. ???? Our staff trip is purely official. Further, we are providing Food to our Employees for ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... which we are not collecting any amount from our Employees. The caterer is giving local bills with CGST+SGST. Shall we take ITC credit of this. - Reply By HINDUSTHANCHEMICALS COMPANY - The Reply = Section 17 - Apportionment of tax and settlement of funds . - THE INTEGRATED GOODS AND SERVICES TAX ACT, 2017 - Reply By Ganeshan Kalyani - The Reply = Food , outdoor catering service are ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eligible credit. - Reply By RamKumar Lakkoju - The Reply = For this first bunch of questions, 1. Local bills with CGST+SGST- You are eligible to take ITC provided your company GST registration number is quoated on tax invoice subject to Section 17(5) . 2. Other State bills with IGST- You are eligible to take ITC provided your company GST registration number is quoated on tax invoice sub ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ject to Section 17(5). 3. Other state bills with CGST+SGST- You are not eligible to take ITC presuming that you are not having GST registration in that other state. Since you cannot take CGST SGST credit by quoting registration number supplier who is having different state GST registration number ssubject to Section 17(5). - Reply By Alkesh Jani - The Reply = Sir, I think we have alrea ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... dy discussed this issue at large. - Reply By RamKumar Lakkoju - The Reply = Yes..there is lot of discussion on it, i ve just seen now. Food and beverages are in block ITC list. - ITC ELEGIBILITY ON FOOD BILLS OF DIFFERENT TYPES. - Query Started By: - SAFETAB LIFESCIENCE Dated:- 8-2-2018 Goods and Services Tax - GST - Got 5 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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