Input tax on bag purchase


This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
19 July 2018 Dear Sir,s
We a Pvt.Ltd. .Organised a seminar and purchase laptop bag for distribute to delegates and exhibitors. can we claim input credit ( cgst + sgst) in 3b or not ?
Please suggest.


Thanks & Rgeards

19 July 2018 Bag will be part of seminar material hence ITC can be claimed on it.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
19 July 2018 But Sir our CA Says this is gift item

Dear Sir,s We a Pvt.Ltd. .Organised a seminar and purchase laptop bag for distribute to delegates and exhibitors. can we claim input credit ( cgst + sgst) in 3b or not ? Please suggest.

Thanks & Rgeards

Read more at: https://www.caclubindia.com/experts/input-tax-on-bag-purchase-2675489.asp

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
20 July 2018 But Sir our CA Says this is gift item you can,t claim ITC

Dear Sir,s We a Pvt.Ltd. .Organised a seminar and purchase laptop bag for distribute to delegates and exhibitors. can we claim input credit ( cgst + sgst) in 3b or not ? Please suggest. Thanks & Rgeards

Read more at: https://www.caclubindia.com/experts/input-tax-on-bag-purchase-2675489.asp

03 August 2018 sir it is not gift or free supply and no need of reversal ..


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



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
11 August 2026
Manager / Senior Manager - Statutory Audit

CommerceCareer

New Delhi

CA

View Details
Company
ARTICLESHIP 17 August 2026
Article Assistant

Jain Ankit and Co

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 24 August 2026
Chartered Accountant Articles

Rohit KC Jain & Co

New Delhi

CA Inter

View Details
Company
25 August 2026
Senior Accountant

MG Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 08 August 2026
CA Articleship

RSAG & CO LLP

New Delhi

CA Inter

View Details
Company
18 August 2026
Audit Assistant - Remote / Work From Home

CA ANOOP P K & ASSOCIATES

Kozhikode

CA Inter

View Details
Company
08 August 2026
International Corporate Tax Advisory

Shulke

Bengaluru

CA

View Details
Company
ARTICLESHIP 25 August 2026
CA Article's

Saini Pati Shah & Co LLP

Mumbai

CA Inter

View Details