ITC Eligibility on Purchase of Foreign Currency
This query is : Resolved
12 March 2024
Sir,
I want to know the ITC eligibility in respect of the following transactions. One of my company purchases foreign currency in connection with directors tour from a forex agent. This agent issues tax invoices in the name of the company containing GST components. Whether this ITC was eligible under GST.
I want to know the ITC eligibility in respect of the following transactions. One of my company purchases foreign currency in connection with directors tour from a forex agent. This agent issues tax invoices in the name of the company containing GST components. Whether this ITC was eligible under GST.
CA R SEETHARAMAN
(Expert)
13 March 2024
ITC eligible in case of business trip.
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