Input tax credit

This query is : Resolved 

06 July 2018 A company is engage in a manufacturing process but want to Sponsor a music event in the name of the company for advertising the Company name. Kindly suggest that company can avail input tax credit against the invoice raised for the musical event?

07 July 2018 Yes the advertisement being connected to your business, you can claim the credit

07 July 2018 Yes the advertisement being connected to your business, you can claim the credit


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