input of office picnic

ITC / Input 4101 views 6 replies
my clients organise a picnic for employees. pl advise, input available on exp like lodging fooding and transport.?
Replies (6)

Yes GST credit can be taken on lodging but not on restaurant but it can be claimed as expense

No, you can't claim ITC on picnic expenses

The ITC, in general, is available for any GST paid on services/ goods used for the furtherance of business. [ sec16(1) & 18(1)] The office outing is a morale / team building activity which leads to OR INTENDED TO LEAD TO much better employee relations. Nexus to business not in doubt. For confirmation also allowable under Sec 37 of the IT Act.

There are some restriction in Sec17(5) relating to supply of food & beverages. However, if the outing is arranged as a package by a hotel or event or tour manager then initially they can avail this credit [ reduce their cost] and you would be able to avail the credit for the event/ tour.

WHAT IS CONCLUSION CAN CLAIM ITC ON BUS HIRE EXP OR NOT

ITC on lodging available but fooding not available.

if that event to be happened along with family ... can we take ITC ???

 


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