Eligibility of Input Credit on Gift Items given to clients


This query is : Open 

(Querist)
13 October 2017 Hi there, Can you share your views on eligibility of Input Credit of GST involved in gifts distributed to customers on festivals? Can this be termed as businesses promotion and expense done towards furtherance of business.. Thanks. Best regards, vmohanv

RAJA P M (Expert)
13 October 2017 Yes... You can get ITC....


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