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 :
2 times
02 October 2017
Ok. Thank you very much sir
Message likes :
2 times
02 October 2017
You are most welcome Mr. TIRUMALA Sir...
>>> GOOD LUCK <<<
>>> GOOD LUCK <<<
02 October 2017
Yes,ITC is available provided you have given your GSTIN number to service provider.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS 194-T applicability
- GST ITC REVERSE
- Fixe term employment
- Is any professional CA is here please reply
- Foreign lottery ticket bought online from India: legality, tax and consequences
- Putting a heading on received mail
- Consolidated financials
- Reprocessing of rectification order AY 2025-26
- Section 50-fixed asset-->building ceases to exist
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- TDS on TRUST
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
