Can we avail input tax credit on advertisement expenses
This query is : Resolved
02 October 2017
Dear Sir,
We are Traders of Textiles. We are being paid GST on Advertisement Expenses. My question is that Can we avail the Input Tax Credit on GST whtich is paid to party.
Tirumala
8317601849
We are Traders of Textiles. We are being paid GST on Advertisement Expenses. My question is that Can we avail the Input Tax Credit on GST whtich is paid to party.
Tirumala
8317601849
02 October 2017
Yes...
You can get ITC for the expenses related to your business. Also you got Taxable Invoice / Bills then you can claim as ITC. If its from URD then you ll be pay tax under RCM basis...
You can get ITC for the expenses related to your business. Also you got Taxable Invoice / Bills then you can claim as ITC. If its from URD then you ll be pay tax under RCM basis...
Message likes :
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02 October 2017
You are most welcome Mr. TIRUMALA Sir...
>>> GOOD LUCK <<<
>>> GOOD LUCK <<<
KAVIRAJA ADDANGADI
(Expert)
02 October 2017
Yes,ITC is available provided you have given your GSTIN number to service provider.
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