BUSINESS PROMOTION -INPUT CREDIT


This query is : Resolved 

Quick Summary
This discussion clarifies whether input tax credit (ITC) can be claimed on food expenses incurred during business promotion meetings held at hotels. The consensus is that ITC is generally not available for food items, even if they are on a separate bill from other conference expenses.

20 August 2021 Dear Sir ,

We have fixed a conference meeting with respect to business promotion, at one of the hotel and there we have expensed on some fooding items . My Question is that can we take the input on the bill with respect to the fooding items .




.

20 August 2021 ITC is not available on food items.

22 August 2021 If it is a separate bill for food then ITC is not available.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query