Can I avail ITC on GST paid on the purchase of gift items for employees? There is an interesting article here https://www.caclubindia.com/articles/itc-on-gifts-under-gst-36124.asp but I'm confused on the conclusion.
Expert opinions?
Thanks
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Input Tax Credit on Purchase of Gifts to Employees
Replies (5)
Can't avail ITC on purchase of gift items for employees.
It is blocked us 17(5)
but u can claim input like products used by employees in offc such as clothes given to them for offc use etc
but u can claim input like products used by employees in offc such as clothes given to them for offc use etc
Yes... I agreed to Mr Sunil Ahmed view...
No you can't avail as it is a gift, the same has been mentioned under ITC rules.
If i purchase special code dress for employees , i can claim input as it is offc expenses and not a gift for employees
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