Itc credit
This query is : Resolved
09 November 2017
Sir,
We have purchase sweet from GST registered vendor for our Diwali Expenses- Sweet distrubuted to worker & Staff of the company.
Can we take ITC on the sweet purchase bill or not
pls revert on the same.
We have purchase sweet from GST registered vendor for our Diwali Expenses- Sweet distrubuted to worker & Staff of the company.
Can we take ITC on the sweet purchase bill or not
pls revert on the same.
CA Rohit Sinha
(Expert)
09 November 2017
No you can't take credit on goods distributed as gift.
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