GST on Business promotion and development expensess

[Guest]

I am a distributor of Bathroom fittings. this month I organised a dealers meet. I incurred some expenses on purchases of gift items, booked conference hall and lunch, etc.

Can I avail Input Credit on these bills

AI Summary

Distributor Seeks Clarity on Input Tax Credit for Dealer Meet Expenses under GST, Section 17(5) Exclusions Apply A distributor of bathroom fittings organized a dealers' meet and inquired about the eligibility for Input Tax Credit (ITC) on expenses such as gifts, conference hall bookings, and lunch under the Goods and Services Tax (GST) framework. Experts responded that ITC on food and gifts is generally not eligible due to exclusion clauses, specifically section 17(5). ITC on conference expenses is contingent on the registration status in the state where the conference is held. If the conference is held in the state where the distributor is registered, ITC is available; otherwise, it is considered an expense.