Input tax credit

Save Share

This query is : Resolved

Harshad Deepak Mumbaikar (Querist)

23 March 2018 Hello Experts,

My client is in Actors Profession . My query is can he get input tax credit On Cosmetic , Hotel Bills , Travelling . Because he taking all above for not personal use .

Kapil Pathak

Kapil Pathak (Expert)

23 March 2018 Yes subject to section 16 and section 17.

Harshad Deepak Mumbaikar

Harshad Deepak Mumbaikar (Querist)

23 March 2018 But for ITC he has to give GST NO .

Kapil Pathak

Kapil Pathak (Expert)

23 March 2018 Yes, your client must have taken the registration if he is paying gst. You client is supposed to provide his GST no to all the suppliers and all supplies shall be considered as B2B

Aashok Kumar Sharma

Aashok Kumar Sharma

(Expert)

30 October 2026 Hotel stays outside the actor's home state are charged CGST and SGST of that state (place of supply is the hotel location, Sec 12(3) IGST Act), so that credit cannot be used unless he is registered there; rent-a-cab and beauty treatment services are blocked under Sec 17(5)(b), while air tickets and cosmetics bought for performances qualify if his GSTIN is on the invoice.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now