Input credit in of hotel bill & air travel bill
This query is : Resolved
15 April 2019
Can we claim input tax credit on Bill of Hotel Room rent Charges however its not for food & beverages and air travel ticket for traveling of director for the business purpose. and we are engage in the business of Real Estate Sector.
15 April 2019
You can claim hotel room & Air Ticket charges for director's travel subject to following :-
People traveling for business purposes are required to submit GST compliant invoices to avail input tax credit benefits under the goods and services (GST) regime
It is essential you have GST compliant invoice from both the airline and hotel ( indicating your Firm's Name & GST Number
Further , If hotel is outside state , they will charge CGST & SGST ( Sec 12(3)(b) of IGST Act - Place of supply is where immovable property located )and in case you are not registered in that state , You won't be able to claim ITC
People traveling for business purposes are required to submit GST compliant invoices to avail input tax credit benefits under the goods and services (GST) regime
It is essential you have GST compliant invoice from both the airline and hotel ( indicating your Firm's Name & GST Number
Further , If hotel is outside state , they will charge CGST & SGST ( Sec 12(3)(b) of IGST Act - Place of supply is where immovable property located )and in case you are not registered in that state , You won't be able to claim ITC
Message likes :
1 times
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
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- TAN for Partnership
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Sales return eway bill
- CA IPCC Registeration in 2012, Is my registration Active or Expired
- Is it compulsory to File 10E if Income including Pension Arrears is below 12 Lakh for the F Y 25 26
- Plot of land. Cost of Acquisition
- Taxation on LTCG for property sold after 24JUL2024
- REGARDING GST LIABILITY/....
- Last year TDS Claim
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
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
