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ITC TO HOTEL ROOM

Mahendravarman (Accountant) (61 Points)

29 October 2021

Our Director hotel room booked to him own name for accommodation to vendor industrial visit, That room bill raised along with GST on our director name. May i take this bill To ITC and How to treat this bill in books of accounts (Reg.Director(DIN HOLDER) , Salaried person).

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2 Replies

CA ABHAY GUPTA (Practice) (3235 Points)
Replied 29 October 2021

Firstly to take credit invoice must be raised in the name of taxpayer, secondly the GSTIN must be mentioned in the invoice raised, thirdly the CGST and SGST must belong to the State of person taking ITC. For instance ABC PVT LTD booked hotel registered in the state of UP then GSTIN of ABC PVT LTD must be mentioned in invoice and the hotel must be in UP so that they can charge CGST and SGST of UP, if hotel located in other state then they will charge CGST and SGST of that state and we cannot take ITC. thus if in your case all 3 conditions are satisfied then you can claim credit.