About ineligble ITC

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14 Points Posted on 15 July 2021
Which ITC is ineligble?

As advertisement expense ITC is eligible or not?
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On 15 July 2021 at 20:10 Report
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Quick Summary
This discussion seeks to clarify which Input Tax Credit (ITC) is considered ineligible, particularly concerning advertisement expenses. The consensus points towards Section 17(5) of the CGST Act as the definitive source for identifying ineligible ITC. Generally, ITC is claimable if it relates to business expenses, but specific exclusions apply.

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199 Points Posted on 15 July 2021
Busines comodity
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On 15 July 2021 at 20:15
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CMA
13117 Points Posted on 15 July 2021
If business related, ITC can be availed.
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On 15 July 2021 at 20:20
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14 Points Posted on 15 July 2021
I replied it normally but for written reply we should provide this reply with aticle and
I guess, it's based on Article 16 or Article 17.
But I want to know about it clearly. So anyone is clear about it please ...
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On 15 July 2021 at 20:28
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CMA
13117 Points Posted on 15 July 2021
Section 17(5) of CGST Act can provide information regarding ineligible ITC.
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On 15 July 2021 at 20:30
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199 Points Posted on 16 July 2021
Sales busines also ITC claim but others purchase also expenses
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On 16 July 2021 at 15:23

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