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GST input on sales promotional expenses
Can we take input credit on mobile phones given to marketing exicutives, accounted as sales promotional expenditure?
Replies (2)
yes u can claim ITC if your business is fully taxable supply
Section 17(5)(g) clearly states that input credit under GST shall not be allowed on goods or services used for personal consumption.
Mobile phones can always be debated to be used for personal consumption and thus a prudent stand shall be preferred before taking credit.
Thus, it is better to avoid such debatable point later in time and to not take credit of such GST amount paid on purchase of mobile phones.
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