Eligbility of Input Credit

[N Balachandran]

Sir,

Can u please confirm whether the GST charged by IRCTC for Train ticket is eligible for Input credit . Is there any restriction to avail the credit of GST paid on purchasing the Train tickets?

Regards

N.Balachandran

[Vamsi Krishna]

There is an option given while booking ticket in IRCTC , you can update GST details.

If you are booked tickets jn the name of your company and for furtherance of business, IRCTC upon filing of return, we will get credit.

This i have seen in IRCTC however i am not sure of the exact procedure. You can try ..

AI Summary

Input tax credit on travel: GST on IRCTC tickets may be claimable when booked in company's name for business. IRCTC allows updating GST details at booking; where tickets are booked in the company name and for furtherance of business, GST paid can be claimed as input credit upon filing returns, though the exact procedural steps remain uncertain.