Itc on stage event fabrication work

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nayab

nayab (Querist)
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23 July 2019 Dear Team
can i take ITC on Stage event (for business promotion ) fabrication work ..
pl suggest

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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23 July 2019 Yes it can be taken...............

nayab

nayab (Querist)
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24 July 2019 Pl enclose any rule that one
thanks

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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24 July 2019 “Input Tax” in relation to a taxable person, means the Goods and Services Tax charged on any supply of goods and/or services to him which are used or are intended to be used, during furtherance of his business. Fulfilment of Input Tax Credit under GST – Conditions To Claim is one of the most critical activity for every business to settle its tax liability.

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