Good Evening Whether ITC can be claimed on banners purchased used in a blood donation camp organised by our client.
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Quick Summary
This discussion clarifies whether Input Tax Credit (ITC) can be claimed on banners purchased for a blood donation camp organised by a client. Generally, registered dealers can avail ITC on such items, provided they are considered advertisement expenses and not for further free supply. However, it's important to note that ITC may need to be reversed under Section 17(5) if the goods are subsequently supplied for free.