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Rakesh Karn (Student)     15 January 2019

ITC on business travel expenses

Can I take ITC on business travel
air expenses


 11 Replies

Jatin

Jatin (Accountant)     15 January 2019

Yes, you can take no issue
Dhiraj Wadhwani

Dhiraj Wadhwani   15 January 2019

Yes sir you can. Make sure you provide your GSTN to the airways.
Prajwal Shetty

Prajwal Shetty (Artical Assistent)     15 January 2019

yes u can take agree with dhiraj and jatin
Rakesh Karn

Rakesh Karn (Student)     15 January 2019

Thank you all
but one query i have is
does conveyance u/s 17(5) covers these type of business travel expenses or not??
Shoaib Khan

Shoaib Khan   15 January 2019

No, Sec 17(5) does not covers these type of business travel expenses.
You can avail ITC for the same.
Vinod Babu

Vinod Babu   15 January 2019

ITC would be available if the journey has been undertaken in the course of business or in furtherance of business.
Also invoice must bear gstin and company name in it for claiming ITC.
Pankaj Rawat

Pankaj Rawat (GST Practitioner)     15 January 2019

@ Rakesh Karn

Yes you are correct travelling expenses are block U/S 17(5) , but if it' is paid for Taxi fare .(Rent a cab)

Hence In your case for only on air tickets you can claim ITC , not for lodging & food.
Rakesh Karn

Rakesh Karn (Student)     16 January 2019

Then what if i hire a car other than rent a cab for business purpose,whether itc on such exp is available or not

And whether "conveyance" under point 1 of sec 17(5) covers travelling expenses other than rent a cab or not
Pankaj Rawat

Pankaj Rawat (GST Practitioner)     17 January 2019

NO ITC AVAILABLE ON HIRING CAR ......

IN S.NO.1. OF SECTION 17(5) , DEFINES THAT ITC CAN BE CLAIM ON VEHICLE PURCHASE ONLY IF IT IS FURTHER SUPPLY OF SUCH VEHICLE/CONVEYANCE

*HERE CONVEYANCE MEANS THE VEHICLE ONLY

Aarti

Aarti (Student CA Final )     03 January 2020

Business Tour Can ITC claim 

Saima Qureshi

Saima Qureshi   26 February 2021

Can a normal business entity take ITC of Pakaged tour Invoice and what is the notification no.?


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