DEAR SIR,
OUR COMPANY GOING TO CELEBRATE OUR 15TH YEARS ANNIVERSARY NEXT MONTH
WE HAVE PLAN TO GIVE GOLD COINS GIFT FOR OUR DEALERS
SHALL I TAKE THE INPUT FOR JEWELRY BILLS ????
KINDLY CLARIFY THIS ISSUE
THANKING YOU
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ITC for Business Promotion
Replies (2)
As per section 17(5) (h) of the CGST 2017 No Input Tax credit on Gifts
Confirm with others also .
According to CGST Act, No ITC claim on gift
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