Expenditure incurred on behalf of parent company


(Querist)
13 August 2019
Hi,

We are registered as EOU and our parent company is located in US.
We have incurred some professional expenses in India and debited the expense (Rs. 100000) amount to our Parent Company.
Say,
Expense value is RS. 100000
GST Rs. 18000
Bill Value Rs. 118000

we have deducted TDS Rs. 10000.

So, I want to know can i take the GST credit??

Thanks in Advance.


CA R SEETHARAMAN (Expert)


Click to Talk 13 August 2019
Expense relate to your parent company you can't take credit.

vandana (Querist)
14 August 2019
Sir,
We have incurred expenditure in India only and related to Indian company operations and want reimbursement from our parent company to the extent of cost excluding GST. So in this case also, we can't take the credit?
It will be helpful if you provide any section reference.

Thanks

CA R SEETHARAMAN (Expert)


Click to Talk 14 August 2019
You have incurred expenditure in India only and related to Indian company operations then ITC can be claimed.

vandana (Querist)
14 August 2019
Thanks Sir for your reply


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