Advertise Expenses ITC acceptable or not

15 February 2024

I have a jewllery shop. I give a advertise star Ananda Rs 50000 with Gst.Now my question this ITC is acceptable or bock credit ?

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3 Replies

RAJA P M ("Do the Right Thing...!!!") (127173 Points)
Replied 15 February 2024

Yes, This ITC is eligible to claim ITC.

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Deeptha Srinivasa Ragavan (Article Assisstant) (218 Points)
Replied 15 February 2024

Anything which is done in course or furtherance of business is eligible for claiming itc

CA Rashmi Gandhi (Chartered Accountant) (86225 Points)
Replied 15 February 2024

If the advertisment is made for the purpose of your jewellery shop then ITC only is available.

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