A company had held a party for its dealers in Diwali for completing their targets and celebration in a banquet hall along with food. The hotel has charged invoice for buffet dinner and charged gst on same.
Can we claim ITC of such GST?
CA Siddhi (PRACTICE) (257 Points)
20 August 2018A company had held a party for its dealers in Diwali for completing their targets and celebration in a banquet hall along with food. The hotel has charged invoice for buffet dinner and charged gst on same.
Can we claim ITC of such GST?
Rajesh Chakilam
(3 Points)
Replied 20 August 2018
Since the company is not making a further supply of such service, it will not get ITC. However, if it further collects money from the employees to organise this event, ITC will be available.
RAJA P M
("Do the Right Thing...!!!")
(127072 Points)
Replied 20 August 2018
Pankaj Rawat
(GST Practitioner)
(55030 Points)
Replied 20 August 2018
Shivam RC
(Student)
(23683 Points)
Replied 20 August 2018
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