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
- Capital gain from sale of house property
- TDS on Purchase of Immovable Property by NRI from NRI
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Value of property in capital gain
- Regarding TDS Applicability For Director Remuneration
- Copyright software
- When TDS on GST applied
- Before GSTAT- APL-02 Vs APL-04
- Annual return in Gst
- Multiple trade mark
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
